Free Credit Report Tips You can now see your personal credit report score, a number from 350 to 850, which shows if you are a risk or not.
1. The number 1 way to improve your credit score is to pay your bills on-time and pay off as many loans as possible!
2. There are 3 major credit bureaus that provide reports to lenders - Equifax, Experian, and TransUnion - and they can have unique information. That means that even if you correct an error on one credit report, you would be wise to check the other companies for errors as well.
3. You have the right under federal law to challenge data on your personal credit report. The credit bureau then has Thirty days to decide if they will remove the questionable data or not.
4. Did you know that if a credit bureau refuses to correct a mistake, you could sue them.
5. It is highly recommended that you order copies from all 3 credit agencies about six months before you apply for a mortgage loan. One error reported on your credit report can take several months to clean up. Don`t wait until you find your dream house to find out that your loan was rejected due to inaccurate data.
Other Free Credit Report Information
Lots of charged-off accounts hurting your credit score? Confused on how
to manage your outstanding debts? Debt Consolidation Care offers useful tips and
tools on debt consolidation.
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