Xtacash » Report

Do I Need To Report A Loan Taken From A Company On My Income Tax Report?

admin — Fri, 26 Feb 2010 10:46:45 +0000

I work for a company as a consultant, so I report my income on a 1096. I recently took out a loan from that company which I already signed a note saying I will pay it back in a certain number of years. Do I need to report the loan on my income tax report next year?

Closing A Credit Card Account That Is Inactive? How Much Will It Affect My Credit Report?

admin — Sun, 22 Nov 2009 08:55:18 +0000

I’ve had this account for about two years, and I haven’t used it in a long time, and I’m thinking of closing it but I don’t know how it would affect my credit report. This is a secure credit card, with only a $300 limit. I have two other credit cards that I use a lot more often and I’ve been very responsible about paying bills on time.

How Can I Get My Credit Card Company To Report Account Information?

admin — Sat, 17 Oct 2009 12:54:39 +0000

I got my credit report today and it shows that my total credit amount is $300 and I have $296 available. After further inspection I noticed that only one credit card had reported a credit limit/max balance and that all of my credit cards hadn’t been reported since April. Is there an effective way to contact the credit card companies and get them to report accurate and up to date information to the credit bureaus? I feel that this issue is affecting my credit score, so I would like to fix this.
Thanks in advance.