Home     About Us    Contact Us     Contribute     Privacy
Investing
Stocks
Bonds
Mutual Funds
Biz
Credit
Career
College
Economics
Tax
More
 
 
Marketplace
Related Articles
Related Discussions
Related Definitions
Related Categories
Tip of the Day

Tip of the Day Make Your Home More Energy Efficient

Make Your Home More Energy Efficient - There are many ways to save money around your home. These can range anywhere from insulating your hot water tank to prevent...

read entire tip

Related Podcasts
Recently Added
Other Great Sites
 

Credit Score Report Free

Credit score reports are the determining factor behind the success or failure of credit card applications. It plays a very central purpose in the decision of the credit card service provider in so far as the credit card terms and conditions are concerned. Since the government acknowledges the importance of the credit score in doing business at the consumer level, it has incorporated the provision of the credit score in the federal laws making it a mandatory obligation for each credit reporting company to provide all credit card holders with the information on a stipulated style.

In the U.S, the government issues a free credit score report through the three credit bureaus i.e. Equifax, Experian and TransUnion. These reports are issued ones within the twelve months of the year but at the client's request.

What it takes to get credit score report for free

According to the federal law, all a client needs to do is to submit an application with his/her relevant details to the consumer reporting company and then give them the required time frame to post the credit score reports. In spite of the fact that the government issues free credit score reports, you are strictly restricted to a maximum of one credit score report from each of the three reporting companies. In case you need any extras, you may have to pay for it unless you have a reason that may guarantee an extra free credit score report.

Why go for free credit score report?

If you are a simple consumer, the credit card companies always want to know your credit rating before they can commit to give you any credit facilities. It therefore means that you as an individual could as well use the same information to gauge yourself and to plan accordingly incase you have any anticipations of applying for any type of credit. Even when you need to apply for a new rental house, the home owner may have to look at your credit score. It is therefore important to check out if there are any discrepancies that may negatively impact on your objective.

The other reason that may force you into going for a free credit score report is the need to apply for a new job or even if you want to get a mortgage in the near future. Some times the credit bureaus may report your credit records erroneously lading to serious disappointments in your applications. Having a free credit score check would go along way in helping you to check out any possible errors that may affect your credit card application before you actually apply and get yourself embarrassed.

Discuss It!
Most Popular Articles
Most Popular Definitions
Related Questions
 
Daily Definition

Definition of the Day Asset Allocation Fund

Asset allocation fund - An associate allocation fund is actually a single mutual fund trying to reach the goals of asset allocation. Asset allocation means that investments would be diversified in order to achieve maximum profits. This type of fund will require the investments...

read entire definition

 
 

 

 

Home     About Us    Contact Us     Contribute     Sitemap

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Copyright © 2009 TeenAnalyst.com