Your credit history plays a major role when applying for any type of loan, such as a credit card, auto loan, mortgage, even employment screening, utilities, and insurance. It is a good idea to know what is being reported in your report before applying for credit or obtaining a loan. Creditors and lenders use your credit history to determine if you are a credit risk. The most important thing you can do to demonstrate that you are a good credit risk is to pay your bills on time.
Generally, it is a good idea to check your credit once a year. If your credit is not in good shape it is a good idea to correct it. You may do some research and decide to do this yourself or you can hire a company to work on improving your credit for you. If you decide to improve your credit on your own it is important learn how to read and understand your credit report.
Anyone denied credit based on the information reported on their credit file is entitled to a free report. The lender who denied the credit has to explain to the consumer where they obtained the credit report and how you as a consumer can obtain a free copy. This is called a denial letter which makes you eligible to obtain a copy of your credit report free of charge within 60 days of the denial เครดิตฟรี กดรับเอง.
You are eligible to free copy of report if you unemployed, on public assistance, unemployed and looking for work, or if you are a victim of identity theft.
If you decide to hire a firm to improve/repair your credit, it is important to do your due diligence. Most importantly, make sure that the company is a state registered Credit Services Organization. More on that later. Lets get back to the credit report.
Once your credit file has been corrected and your goal achieved, you can order your annual credit report to make sure it has not been compromised and no derogatory information appears on your credit report.
Identity theft is the fastest growing crime in America and can affect anyone. Do not be fooled into a false sense of security, make sure that you shred your documents and keep a close eye on your credit. 90% of identity thefts are perpetrated by people the victim knew well.
The three nationwide consumer reporting agencies, in compliance with the FTC, have set up a central website, a toll-free telephone number, and a mailing address through which you can order your free annual report.
Keep in mind that by you are eligible for a free credit report every 12 months from each of the three bureaus, which are Transunion, Experian, and Equifax. So use this opportunity to be proactive and monitor your credit.