- 3 Free Credit Scores
- Daily Credit Monitoring and Alerts
- Quarterly Credit Updates and Updated Scores
- Protection Against Identity Theft and Fraud
- 7-Day Free Trial
How to Get Your Free Credit Report
Getting a free credit report online is the best way possible to get a complete record of your financial history as it will be seen by lenders, employers, landlords and more. Having a great credit score is crucial when applying for a new car loan, line of credit, mortgage, credit card or any other type of loan. Your score will help lenders determine if they feel you are worthy of receiving credit. It will also be a determining factor when lenders decide what rates and terms to offer you for a loan or new credit card.
Before attempting to get any kind of credit, make sure to get your free credit report. It’s recommended that you review your credit report at least once a year to make sure that all the information is as accurate as possible. If there are any inaccuracies in your credit report, you will need to dispute them with the bureau that is reporting them. Eliminating any negative inaccuracies in your report will help raise your credit score, giving you a better chance to get credit and better rates if you are accepted.
You should also make sure that lenders you have credit through have been reporting your payments accurately and giving you credit for on time payments where credit is due. If you regularly write checks to pay lenders or credit card companies, it’s important to know that your checks are arriving on time and that they are being processed in a timely manner. You could go months without realizing your payments haven’t been showing up on time, leaving a negative impact on your credit report and overall credit score.
There are three different credit bureaus that report on your credit, which are Experian, TransUnion and Equifax. They don’t always report the same information, so it’s important to get a credit report which covers all three bureaus. Since each bureau has their own reporting system, your credit score will vary from bureau to bureau. If one bureau happens to have some inaccurate information, you may have two great credit scores and one terrible credit score. The one bad credit score will drag you down significantly. You will be approved for less credit and likely have an extremely high interest rate.
How to Improve Your Credit Report
The first step to improving your credit report and overall credit score is to get the most up-to-date report possible. If you don’t have a recent credit report, it’ll be hard to tell which areas of your credit record need the most improvement. Listed below are a few ways you can ensure your credit history is blemish free.
- Pay your bills on time
- Keep your credit balances as low as possible
- Regularly check your credit report for any inaccuracies
- Dispute any inaccuracies you find with the bureau that is reporting them
- Avoid "credit fixers", many of these companies will scam you
- Limit the number of inquiries to your credit
Most of these are pretty straight forward. Pay your bills on time, check your credit regularly and don’t apply for more credit than you need. Inquiries are created every time you apply for credit, but don’t include automatic checks run by companies who aim to pre-approve you for credit. This makes getting your report before you ever apply for any credit at all especially important. If you are denied for credit, the inquiry alone for the credit you applied for will further drive your credit score down. If on the other hand you had checked your credit prior to applying you could have discovered any inaccuracies and cleared them up before applying.
The Importance of Credit Monitoring
Credit monitoring services make it easy to stay on top of your credit report without having the always manually check things out. If it’s been a while since you’ve gotten your credit report, now would be a great time. After you’ve gone through your report and taken care of any inaccuracies, it’s a good time idea to use a credit monitoring system to keep your credit in check.
Monitoring services will alert you to any changes that have been made to your credit report. This can include late payments, new accounts and even closed accounts. The best part is being notified immediately of any new accounts in the case of identity theft. You will be the first to know about any new accounts opened using your social security number, which you can then close and report if you weren’t the one who opened them. Waiting months or even years to find out about fraudulent credit accounts makes it much more difficult to contest any accounts or charges made.
Identity theft is a big business and costs the average person over $6,000 in charges, and countless hours spent trying to clear their name financially. The only real way to find out if you’ve been a victim of identity theft is to review your credit report regularly, and one of the only ways to prevent identity theft is to use a credit monitoring service.
The good news is that most companies providing credit monitoring services also provide you with a free credit report, allowing you to kill two birds with one stone. You can easily get a fresh copy of your credit report and enable credit monitoring protection in just a matter of minutes, giving you the peace of mind you truly deserve.
Credit monitoring is especially important to anyone who makes purchases regularly online. Hackers are known for creating fake sites to phish private information from consumers, as well as hacking into financial databases to steal valuable credit card information. If you regularly use the internet to make purchases it’s crucial you use a credit monitoring service to protect yourself against the ever-present threat of fraud that’s rampant online.
Getting Your Free Credit Report
It’s extremely easy to get your credit report online and only takes a few minutes. If you are serious about protecting your financial future for yourself and your family, it’s highly recommended that you get a credit report immediately.
Typically all you need to do is enter some personal information such as your name, phone number, address and social security number. Most sites offering free credit reports will provide you with a report from all three bureaus. It’s important to review all three reports even if they look similar. Just one inaccurate detail could potentially cost you thousands of dollars in interest and fees on a new loan or line of credit.
Once you’ve received your report online it’s important to print it out immediately. Print a copy for your records as well as a copy you can take notes on, in case you find any inaccuracies. You should also save the report to your computer to compare to future credit reports.
Now is the perfect time to get started. Follow the link below to get your free credit report online. It only takes a minute and could save you thousands.