Today, more than ever before, credit scores are evaluated for just about everything we do. From mortgages to utility service, your score is vital.
Keep in mind that while your creditors report your activity once a month, the reporting agency only updates your profile 4 times a year. Since your score is a product of what is on your credit report; I recommend that you obtain a copy of your report, from all three major credit reporting agencies, at least two times per year. The best time to request would be January and July.
Requesting a copy is easy and FREE. Since we are each allowed ONE free copy from each of the THREE major reporting agencies, it is best to order only ONE at a time. This provides you with the opportunity to check each report, address any mistakes, and then pull another one.
Obtaining your TRULY FREE report can be done online at one site. Do not be fooled by TV ads with catchy songs and flashy graphics. The link below is a true free site.
Here is the link: http://www.annualcreditreport.com
Be aware of the little pitfalls in their system:
1. Do not upgrade/pay to see your credit score. The score will NOT be the same as what a creditor will pull and is a waste of your money.
2. Check the box that hides the first 5 digits of your Social Security Number once the report is created. This will ensure your privacy and secure your SSN in case the report is stolen or misplaced.
3. Only order ONE report at a time. You can return to the site and order the others as you need. Remember that it is ONE from each of the THREE One Time a year.
4. Be sure to print your report and do not save it on their system for the 30 days.
If you do not have access to order the report(s) online you can request them directly from the bureau as listed below:
- Equifax: (800) 685-1111
- Experian (formerly TRW:(888) 397-3742
- TransUnion: (800) 888-4213
No comments:
Post a Comment