This Element is an excerpt from Homebuyers Beware: Who's Ripping You Off Now? - What You Must Know About the New Rules of Mortgage and Credit by Carolyn Warren. Available in print and digital formats.
Three powerful, aggressive, and 100 percent legal ways to improve your credit rating-starting right now! Here's the reality-the insider information I never see written on credit bureau or government Web sites or so-called helpful articles about credit. Late payments may-not must-be reported to credit bureaus. And if someone at Visa wants to not report my one-day-late payment, that is their prerogative. It's not illegal and it's not lying.