subject: Credit Score vs Credit Report [print this page] Credit Score vs Credit Report Credit Score vs Credit Report
Free Credit Reports are Your Right!
You've seen the ads: Get your free credit report here! The hard sell seems excessive since the report is free, right? Read the fine print. The Free Credit Report companies require a credit card that will not be made until the account such as you cancel this service within 30 days after registration. If you cancel your password at the time, you may be asked to pay more than $ 20 a month for a list of all your credit obligations, past and present.
This does not mean that you should not use the opportunity to review your credit report. Register for your free credit report, print a copy, and then call the toll free number immediately, you avoid the unplanned monthly fee.
Be willing to ignore the add-on sales efforts of the website will send their way. You will probably offer your> Rating (a number that potential lenders, their risk level, you can borrow money received) and for an additional fee, they will explain what you mean credit report and thus the number.
Report vs. Credit Rating
A credit report lists all the important financial information about you. Good and bad, it's all in there. They are from the Government of the United States, one (1) free credit report Guaranteedper year. You will not be required to enter any credit card data at all.
These are 100% free, and are part of the package of legislation approved by Congress and signed by President Bush.
Where's the catch? Once you use your freebie, you must either wait to pay for a whole year, or for your next book. Request a copy of your own credit report will not affect your credit rating. It is only if a creditor wants.
A creditValue is a number used by creditors to determine your ability to repay loans. This number moves up or down based on your payment history. Timely payments increase your score, while late payments lower your score. You are not guaranteed a free credit score.
