Posts Tagged Score Reports
How To Get Free Credit Score Reports Online – 3 Steps
Posted by admin in Fair Issac on December 2, 2010
Free Credit Report – No Credit Card Required – Where To Get One?
Mike Clover asked:
Free Credit Report with no credit card required is available at annualcreditreport once a year. Here is what they don’t tell you. When you get your Free Credit Report at annualcreditreport there is no Credit Scores. So what good is a Credit Report without your Credit Scores? A Credit Report with no Credit Scores is like a destination with no address, it is useless. The following look at your scores very closely when determining your credit risk, interest rates, and terms.
1. Insurance Companies
2. Utility Companies
3. Credit Card Companies
4. Mortgage Companies
5. Car Finance Banks
6. Employers
7. Even Hospitals are now determining your Credit Risk.
Folks this is serious business, just imagine if you are applying for that new job that pays more, and they determine whether they are going to hire you based on your Credit Score. The main point is, yes you can get a Free Report with Annual but it’s once a year and no Scores are included. A Report with no Scores is useless, especially when that is what creditors look at. Let’s just assume you are getting ready to buy a car, and you are a customer that does not know there scores. Dealerships love customers like you because an uneducated consumer is a consumer they can rip off and make more money on. An educated consumer that knows there scores will show up ready to get the interest rate on the loan. This is what most lenders don’t want to deal with, because they make less money on consumers like this. Maybe you are wondering what is considered a good score.
Here is a break down:
o 780-850 – Low Risk
o 740-780 – Medium -Low Risk
o 690-740- Medium Risk
o 620-690- Medium High Risk
o 620 and Below – High Risk
There are all of these offers out there selling Free Credit Score Reports with all these up sales. For example:
1. Credit Monitoring
2. Savings Club memberships etc
When it comes down to being an educated consumer and that is all that is available out there to get your scores, there is not much choice. I would not hesitate to get these services, because everyday thousands of people get there identity stolen. I would recommend being an educated consumer so you are aware of what is being reported about you. Start saving today and protect yourself and your family.
Eddie
Free Credit Report with no credit card required is available at annualcreditreport once a year. Here is what they don’t tell you. When you get your Free Credit Report at annualcreditreport there is no Credit Scores. So what good is a Credit Report without your Credit Scores? A Credit Report with no Credit Scores is like a destination with no address, it is useless. The following look at your scores very closely when determining your credit risk, interest rates, and terms.
1. Insurance Companies
2. Utility Companies
3. Credit Card Companies
4. Mortgage Companies
5. Car Finance Banks
6. Employers
7. Even Hospitals are now determining your Credit Risk.
Folks this is serious business, just imagine if you are applying for that new job that pays more, and they determine whether they are going to hire you based on your Credit Score. The main point is, yes you can get a Free Report with Annual but it’s once a year and no Scores are included. A Report with no Scores is useless, especially when that is what creditors look at. Let’s just assume you are getting ready to buy a car, and you are a customer that does not know there scores. Dealerships love customers like you because an uneducated consumer is a consumer they can rip off and make more money on. An educated consumer that knows there scores will show up ready to get the interest rate on the loan. This is what most lenders don’t want to deal with, because they make less money on consumers like this. Maybe you are wondering what is considered a good score.
Here is a break down:
o 780-850 – Low Risk
o 740-780 – Medium -Low Risk
o 690-740- Medium Risk
o 620-690- Medium High Risk
o 620 and Below – High Risk
There are all of these offers out there selling Free Credit Score Reports with all these up sales. For example:
1. Credit Monitoring
2. Savings Club memberships etc
When it comes down to being an educated consumer and that is all that is available out there to get your scores, there is not much choice. I would not hesitate to get these services, because everyday thousands of people get there identity stolen. I would recommend being an educated consumer so you are aware of what is being reported about you. Start saving today and protect yourself and your family.
Eddie
Free Online FICO Score Report – 5 Tips
Jed C. Jones Ph.D. asked:
Your FICO score determines everything from your eligibility for car and home loans to the interest rate on your loans. Before you refinance your home or car, you owe it to yourself to find out your current score and then improve it as much as possible. Improving your score by just 50 points could save you $1,000s in annual payments. Reason: a better score means much lower interest rates, which can save you literally $200-$300 or more each month on your home or auto payments. You have an amazing opportunity to get your credit score for free online and taking advantage of it is definitely worthwhile. Here are 5 tips for getting your free online FICO score report:
Tip #1: Remember that your report is your right as a U.S. citizen: The U.S. Fair Credit Reporting Act (FCRA) requires each of the Big Three national credit reporting bureaus to provide you with a free copy your report every 12 months upon request.
Tip #2: Get your report only from the one official source: There is only one official source from which to obtain your FCRA-authorized free credit reports: the Annual Credit Report Request service. This is a service implemented jointly by the Big Three credit bureaus. Note: many other Web sites do offer free online FICO score reports, but those offers may come with strings attached such as billing your credit card each month after an initial, free-trial period.
Tip #3: Prepare the necessary information: Before you order your FICO report, be sure to prepare the necessary information needed to pull it. Required items should not require any special research: your name, current address, social security number, and date of birth. However, if you have moved within the past two years, be sure to have your previous address on hand. Note: during the order process, you may be asked additional information that only you may know in order to verify your identity.
Tip #4: Get your authorized report via the Internet or by mail: Search for Annual Credit Report Request online to find the current Web address or physical address from which to order your report. You can also download a printable order form from the official Web site and then send in your order form via regular mail.
Tip #5: Monitor your report monthly: Given the identity theft epidemic and the common occurrence of credit report errors, it is wise to check your reports from all three national bureaus each month. There are many Web sites that offer this service and you can cancel at any time in most cases. Most of these sites will give you valid credit information for a fee and are completely legitimate. Just remember to read the terms and conditions carefully before use.
Improving your FICO score can save you $1,000s in annual debt payments. When obtaining your score, remember that the free annual report authorized by the FCRA is only available from a single official source. However, to obtain monthly credit report updates for a fee, subscribe to the services any of a number of legitimate online sources.
Gloria
Your FICO score determines everything from your eligibility for car and home loans to the interest rate on your loans. Before you refinance your home or car, you owe it to yourself to find out your current score and then improve it as much as possible. Improving your score by just 50 points could save you $1,000s in annual payments. Reason: a better score means much lower interest rates, which can save you literally $200-$300 or more each month on your home or auto payments. You have an amazing opportunity to get your credit score for free online and taking advantage of it is definitely worthwhile. Here are 5 tips for getting your free online FICO score report:
Tip #1: Remember that your report is your right as a U.S. citizen: The U.S. Fair Credit Reporting Act (FCRA) requires each of the Big Three national credit reporting bureaus to provide you with a free copy your report every 12 months upon request.
Tip #2: Get your report only from the one official source: There is only one official source from which to obtain your FCRA-authorized free credit reports: the Annual Credit Report Request service. This is a service implemented jointly by the Big Three credit bureaus. Note: many other Web sites do offer free online FICO score reports, but those offers may come with strings attached such as billing your credit card each month after an initial, free-trial period.
Tip #3: Prepare the necessary information: Before you order your FICO report, be sure to prepare the necessary information needed to pull it. Required items should not require any special research: your name, current address, social security number, and date of birth. However, if you have moved within the past two years, be sure to have your previous address on hand. Note: during the order process, you may be asked additional information that only you may know in order to verify your identity.
Tip #4: Get your authorized report via the Internet or by mail: Search for Annual Credit Report Request online to find the current Web address or physical address from which to order your report. You can also download a printable order form from the official Web site and then send in your order form via regular mail.
Tip #5: Monitor your report monthly: Given the identity theft epidemic and the common occurrence of credit report errors, it is wise to check your reports from all three national bureaus each month. There are many Web sites that offer this service and you can cancel at any time in most cases. Most of these sites will give you valid credit information for a fee and are completely legitimate. Just remember to read the terms and conditions carefully before use.
Improving your FICO score can save you $1,000s in annual debt payments. When obtaining your score, remember that the free annual report authorized by the FCRA is only available from a single official source. However, to obtain monthly credit report updates for a fee, subscribe to the services any of a number of legitimate online sources.
Gloria