What’s My FICO?
Well, I checked my credit score recently. It was enlightening.
CreditReport.com offers credit score checks in a free 30-day trial period. I canceled my trial period the day after I read my credit score, but there is still a $1 hold on my debit card which the company assured me would disappear and I would not be charged. Regardless, I liked this web site a lot for its credit score analysis, offering detailed explanations of why my credit score is where it is.
Of course, you can get one free credit report each year from the three major credit bureaus, Experian, TransUnion and Equifax. It’s great for spotting identity theft or any general errors in your credit report. For instance, I noticed that my student loan company has about five different accounts on my credit report, where there should be only two. I intend to research the matter directly.
But equally important is a check of the credit score, so you will know where your credit score stands and what you can do to improve it. It is a great way to be on the offensive when going for a car or home loan, so the lender doesn’t know more about you than you do!
November 2nd, 2007 at 3:13 am
[…] Tanner wrote an interesting post today onHere’s a quick excerptIt’s great for spotting identity theft or any general errors in your credit report. For instance, I noticed that my student loan company has about five different accounts on my credit report, where there should be only two. … […]
June 6th, 2008 at 10:40 pm
[…] unsavvy consumer may not understand the importance of checking one credit rating, let alone three. The FICO score, invented many years ago by the Fair Isaac Corporation, can range […]