Free Annual Credit Score - System To Know Your Credit Reputation
An annual credit report does not contain the information related to the annual credit score of the consumer
. The annual credit report endow with the creditworthiness of a consumer. It provides with the information about a consumer credit dealings. It includes the information related to the payments made, outstanding payment and many more. But, what about the consumers credit rating or the credit score. Free annual credit score has to be obtained separately by the individual to know its credit reputation in the money market.
The American government has made the provision for the people that they can have their credit reports free of cost. But the credit score is not included in it. You can obtain your free annual credit score from any of the three agencies-Equifax, Experian and TransUnion. These agencies will provide you with your credit rating on your request. You need to sign up with the different programs being offered by the agencies. People who sign up with the programs get their credit report along with the credit score card.
The rating provided by these agencies will facilitate you in checking your credit mark and correct the errors in it. If your credit mark is not good you can improve it. This will increase your credit mark.
Now if you need some kind of improvements. Here, are some of the solutions:
1. If you have some payments outstanding, make its payment as and when possible immediately.
2. Once your past payments are paid off, start repaying you current debts. Payment of it can be made starting from the bigger amount or the smaller amount.
3. If you have some collections from the company, make its payment starting from the newest one. While making payment do not forget to ask for a letter of payment paid. And store this letter as an evidence of the payment paid.
4. Keep your credit card balances low.
5. Do not apply for a new credit card unless it is a need.
Free Annual Credit Score - System To Know Your Credit Reputation