Free Credit Score
Free Credit Score
Credit scores used to be a top secret number and only lending professionals are allowed to take a peek at it. Then, in March 2001, Congress passed a law that lifted the veil over credit scoring secrets. Now, you can find out what your credit score is by contacting any credit reporting agency authorized to release free credit scores or accessing their respective sites.
Normally, credit reporting agencies, which are private companies, sell your credit scores and reports to lenders who request for copies in the event that you apply for a loan. Through the 2001 legislation governing credit scores, the consumer is also given the right to request for their own credit scores and reports. However, you may have to pay a small fee charged by the private credit reporting agencies, unless you come under the following categories:
* Consumers who were denied credit in the past 60 days
* Consumers who are unemployed
* Consumers who are on welfare
* Consumers who believe their credit reports contain inaccurate information due to fraud
If you fall under any of the categories enumerated above, then you are entitled to free credit score and report. However, if your request for free credit score and report is based on allegations of fraud, the law provides that you make your request from the credit reporting agency that issued the questioned credit report.
Below are a few good sites to start your search for free credit scores:
AnnualCreditReport.com
As provided by the Fair Credit Reporting Act (FCRA), AnnualCreditReport.com is your premier access to free credit scores and reports. Here, you can request for a free copy of your credit report from each of the nationwide credit reporting companies - Equifax, Experian, and Trans Union - once every 12 months.
Experian.com
As one of the three major credit reporting agencies operating in the United States and the United Kingdom, Experian offers you free credit score and report on a free trial basis. The trial period lasts for 30 days, during which time you are emailed alerts of key changes to your credit report. After the trial period expires, you will be sent a communication asking if you wish to extend your Experian membership. Paid members are allowed unlimited Experian credit reports and scores.
ELoan.com
As an alternative to Experian.com, E-Loan is also another place where you can sign up for the 30-day free trial Experian membership and receive free credit score and report.
However, in addition to Experian, E-Loan also offers CreditXpert free credit score, showing your score and ranking as used in credit decisions. Since the score is free, no credit cards are required but you must verify you identity by providing verification information such as your SSN and other personal data.
Credit Scores
Credit Scores
... You may have missed one bill payment because you moved without informing your credit card company first about your new address. Or, someone may have fraudulently opened an account under your name. If you find any such errors in your credit report, be sure to report it immediately to the credit bureau ...
... about job hunting? What made employers nowadays ride with the bandwagon of credit scores? Education and work experience plus history is non factor for your credentials, instead it is credit scores. When someone applies for a loan, it's been a long tradition to check credit history. That's how credit scores ...
... complexities. A credit score is used to determine whether you are a credit risk or not. It is one of the major factors that will initially determine whether your loan applications would be accepted or rejected. It possesses every inch of details with regards to your credit experiences, such as the loans ...
How To Get A Free Credit Report Online
... should be entitled to see it. Your free credit report online can be done through many companies; just a simple search on the Internet will show you hundreds of companies willing to offer you a free credit report online. After all we will all want to know how good or bad we have done with our credit scores ...
Credit Rating Scores Explained
... consolidating debts into one account? -No, no- says the bank, especially if your account is reaching the 35% mark. Simply put -don't you ever close those running credit accounts because they have a negative impact on credit rating scores. This policy has no repercussions whatsoever unless you use your ...
Credit Scores and Reports is part of the Find Any Info education and information network.