Free Credit Report

• Author: admin
• Filed under: Uncategorized
• Date: Oct 5,2008

In today’s world most of us are largely known as a number; that which identifies us as a good credit risk and a stable financial citizen. Before you apply for a credit card you must compare credit cards, to see what type is most benefic for you. While assuredly nothing personal, the number which denotes our credit worthiness nonetheless says volumes about us to the people deciding whether we can have a mortgage for our home, a loan for our car, or a line of credit for education expenses. This number of course is known as a credit score – and it is a number that is assigned to a person based on a number of factors including debt to income ratio and credit history. Late payments and loan default bring the credit score down, while on-time payments raise the credit score. A free credit report is necesarry to see how your stats are. By visiting a central website, consumers can request their free credit report from all three agencies at one time or separately. The consumer will then receive their free credit report by mail generally within two weeks of their request.