How to save your Finances with Free Credit Reports

You may be in the market for a new home, or trying to get that loan you are needing. It is essential to know how important credit reports are. It follows every business and individual throughout their lives.

Perhaps you are a small family wanting to buy a home, or a large corporation needing a loan to buy more office space you will find that credit scores play roles in each. You could really call your credit score your permanent record because everything is put on them.

Say you are late on a payment, or filing for bankruptcy it will be placed on your credit score permanently for everyone to see. With all your past actions you are assigned a number that reflects your ability to find loans and pay less in payments. You can either improve or ruin this score.

If you dont know your credit score then it is extremely important that you find out what it is. Its such an incredibly important factor that can affect you throughout your life. If you are making any mistakes right now, whether you are aware of them or not, they are affecting your score.

Any mistakes you are making now will only be carried on for as long as you commit them. This means it will take that much longer for you to recover that score as well. If you are in college, or believe you will be taking out loans in the future then it is that much more important to know.

With a bad credit score you are likely to not qualify for many loans. With the economy in the turmoil it is now, getting loans have become that much harder to get. Lenders look highly on your credit score when looking for the best possible candidates in giving a loan.

Getting a loan with a bad credit score means high payments, with the opposite happening with a good score.

The biggest reason people dont look into their credit scores is due to the belief that it costs money to check them. This couldnt be farther from the truth. There are several companies online that offer free credit reports so there is no reason you should not be aware of your score.

Based on the importance of knowing your credit report the time is now to find it out and to start keeping it in the good range. Awful scores can really have a bad affect on your finances. You should learn any mistakes you may be making now and turn them around. Your wallet will be happy and the financial rewards are great.

Are you looking for a free annual credit report ? Check out these article writers .

You Have Three Credit Reports – Review Them All

Nowadays, people no longer carry much cash in their wallets. This is because they no longer need them when buying things. If it is just small items, there is always a credit card. If you wanted to buy a car, a car loan is taken. If it is a house you fancy, you can always get a mortgage. Even an education can be obtained with the help of a student loan.

Getting a loan or any other credit for that matter is not so simple. The bank that will issue the credit will not do it blindly. They will first check your credit background and only when they find it satisfactory will they approve your loan. These financial entities will be able to check your credit history through credit reports. Given this fact, it is vital that you first review all your credit reports before you decide to get a loan and find out your chances.

CRAs or consumer reporting agencies are the companies responsible for gathering and then selling credit information. The most typical type of a CRA is a credit bureau. There are 3 major operating credit bureaus in the country and some small ones. There are also 3 types of credit reports, the annual credit report, the business credit report and the consumer credit report.

Experian, Equifax and TransUnion are the 3 major credit agencies where people get their credit reports from. All three maintain the “annual credit report”. This credit report can legally be requested by individuals from any of the three agencies every year for free. An extra copy will require a fee though.

Most of the credit agencies in the country maintain the “consumer credit report”. This one however is not free of charge but can be requested anytime of the year as long as the fees are paid. You can access the consumer credit report online. Likewise not free of charge is the last type, the “business credit report”. It contains the credit history of a certain company or business.

A credit report basically contains several information, first of which is the “identifying information”. This includes the name and aliases, the addresses and social security number and other pertinent details such as the date of birth, employer details and your spouse’s identifying details.

Also in the report are the credit information and as well as the public record information which includes banks accounts, loans, court records, etc.. Lastly, the credit record will also include recent inquiries such as the people or companies that obtained credit report copies the past year or two.

It is vital that you get a copy of all three credit reports and review them well. They are quite important if you wanted to get future loans. By reviewing them before applying for a loan, you will prevent possible problems such as inaccuracies or errors. Credit reports are known to contain errors. Likewise, you will know the chances of your loans if you already know what your credit report contains. No unwelcome surprises.

Jenny Hughes offers advice on credit-related topics, such as negotiating credit card debt or how to get a free credit report, no trial, no credit card needed.

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Free Instant Credit Reports – Avoiding the Scams

I can’t say that I wasn’t surprised when I started to go through all of my e-mail from readers of my consumer-protection blog and I started seeing lots of requests asking me to look into and evaluate sites that offer free instant credit reports.

I never really considered that it would be the kind of topic that my readers wanted to hear about, simply because with all of the sites that are out there, I figured that people would be able to easily find one or two that lived up to their promise.

I guess you could say I was kind of half right. Most people did say that they didn’t have a problem getting to sites that seemed to offer exactly what they were after — a free credit report, one that could be viewed instantly online, and one that also included a credit score.

But the more we started looking into it, the more we realized that a lot of people could probably easily fall victim to certain clauses if they didn’t truly understand what was that they were doing. So after checking dozens of sites I finally did post my verdict about which site you should use.

We’ll get into that in a second, but first I just wanted to go over very quickly some of the things that have tripped people up in the past.

The first thing you have to understand is that 99{77e4f13bffff39a77640d2f040ceda7a1e812745d41e2ba69a482d80ad5e3070} of the legitimate sites out there that offer free instant credit reports are going to bundle that together with a free trial to some sort of credit monitoring or credit protection service.

Very few people ever gripe about this. It just comes with the territory, and it’s not something to be concerned with. In fact, it could actually come in very, very handy for most people who are getting their credit reports. The way these services work is that they continually monitor your report and your credit score and alert you when they change significantly.

This kind of thing can be absolutely invaluable to anyone who is in the process of making a major purchase that’s going to require a loan — think mortgage, think auto loan, etc.

Now, I’m not going to sit here and say that for your particular situation you actually need this kind of service. It may be that you’re simply one of the people who’s doing the smart thing and checking up on their credit report to make sure there are no errors just as a precaution.

Certainly, if you have no need for this kind of service, all you have to do is simply cancel the subscription within the free trial period (and this is why it’s so, so, so important that you use a reputable company!!!) and you’ll never have any kind of obligation to pay them a dime.

So that pretty much covers the basics of what you need to look for, as well as some of the other things I think you should consider as you evaluate your options.

If you want to save some time, I did promise you above that I would share my favorite choices for free instant credit reports. And I certainly don’t want to leave you hanging.

You can find info on the only free instant credit report sites I recommend right here: Free Instant Credit Reports reviews. It’s constantly up to date and offers video reviews of the best free credit report sites out there. Also see this free instant credit reports video for more information.

Free Credit Reports with Credit Monitoring

Credit monitoring is the monitoring of your credit history. That is why it is so important to get your free credit report regularly so you can fully check and understand what your score is and the best possible way t improve it. This is the only way others can get an idea of how trustworthy you are where you personal finance is concerned. Lenders and financial institutions will understand from your report whether you will behave in an honorable manner as regards your financial obligations. Thus, your credit history is your reputation as it were.

When you ask for your free credit report, you get an idea of what your financial standing is. At the same time, you might spot some irregularity in the report. There are companies that offer to monitor your credit report based on subscription. They make sure you have access to personal credit history, they send alerts if they see any significant changes to your credit situation and offer assistance in the updating of the report. The 2 most terrible kinds of fraud are to do with your credit card and your identity. These monitoring agencies are alert to these forms of deceit.
These agencies will notify you regarding activities like:
– credit inquiries
– public records
– delinquencies
– negative information
– employment changes
– new accounts,
– And any other changes that might occur.

You can then approach the relevant federal agencies to help in the rectification of these errors. One of the more popular firms is However, the 3 credit bureaus or credit reporting agencies collect so much information that your credit report might just have some errors.

It is important for you to keep a check on this. Another thing you must realize is that though all 3 bureaus offer similar information, all your information might not be the same, because different lenders and creditors might be reporting to different credit bureaus. There are many agencies that help in credit monitoring.

You can request the credit reporting agency to exclude your name from these lists. In case the credit reporting agency, a user or sometimes a provider of data for your report violates the FCRA, you can sue them in a federal court. This covers all areas in which the consumer deals, thus ensuring that people are protected from unfair competition and commerce. Knowing this will help you in your credit report so that your credit score is high enough for you to be considered credit worthy by financial institutions.

Click Here to get a FREE credit report if you are in the USA and Click Here to get a FREE credit report if you are in the UK

How to Get Online Credit Reports

The recent changes in the economy have caused many people’s bank accounts and credit scores to suffer. Unfortunately, I have many close friends as well as my parents, who had businesses go bankrupt and are now suffering from extra mortgage payments. A better way to get a handle on your finances is to obtain a credit report, preferably for free, that will give you a better understanding of your financial status and condition. It will allow you an overview of your credit and history so you can plan to improve in the future. There a few suggestions I have for anybody looking for a free credit report:
Ever heard the saying, too good to be true? You know all those too good to be true offers on the television an internet offering you something for free, with insane back end costs down the line? Like the offers for a free trial of a product with insane recurring billing? Or when someone offers a free gift to you if you sign up with enough sponsors? See? Nothing is really free.
It’s important to act with caution when you are reviewing your financial status and standing. How everything looks on paper is what matters at the end of the day. Depending what your plans are, your situation can dictate whether or not you can go on that vacation you want, get approval for loans on a house or car you’d like to purchase, or even your ability to fulfill your enjoyment of life. If you can improve your score, the level of enjoyment you receive from life will most likely drastically increase.
The two most important factors are one, how many payments & the amount you have paid off over time, and two, the overall amount you have had access to during those periods. They see how much of your total accessible credit is available and how much is taken, this alone can dictate if your credit score rises, stays the same, or potentially decreases. If you continually rack up new debt over the course of years, and the ratio available decreases as well, you will likely suffer from a drop in credit score.
When choosing your offer remember this: The credit report and services you receive are absolutely free, for a limited amount of time. Many companies will offer you 7 day free trials in which you can get your credit report, view other statistics and benefit greatly. If you wish not to be billed, you must cancel your membership before the end of the trial. You will get what you need, and pay nothing.
They aren’t trying to be deceptive, but simply offset the costs of the services they offer you at no cost, while paying for their expensive hosting and company expenses. A free credit report is actually free, but be sure if you think you may be charged, use a card that will definitely have room for awhile and that you can pay off immediately. That will prevent you from obtaining information about your credit score and making it worse at the same time by racking up more credit in the process.
Finding information about your credit or getting a free credit report can be a daunting task. Once you get it though, it will provide you incredible value and an opportunity to build a plan to improve your credit score. Getting my free credit report helped my financial situation greatly. I benefited from it and am now in a better place with the control in my life that I want. If you are on the fence, give it a try, you won’t be disappointed. Check credit scores & reports today here:

Susan Mill

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Free Instant Credit Reports

When people started writing into me and asking me to review sites that offer free instant credit reports for my consumer-deals blog, I was actually more than a bit surprised. I mean my impression was always that since there are so many different sites that offer these reports online, how hard could it be to find a decent one?

Well I certainly got an education when I started doing my research. Turns out that I was both right and wrong about how easy it would be. It’s true that it’s very easy to find any of a dozen sites that say they’ll give you your free credit report and credit score instantly online, and that you won’t have to pay for it.

But what I didn’t realize is that not all of these sites are created equal. In fact, while some free credit report sites are totally legit and offer exactly what they say, some kind of bend the truth a little bit.

It’s not that they’re not offering free credit reports — they do. But it’s in the way that they deliver them, and also in the other really important factor in all this — your credit score — that puts some sites head and shoulders above the rest.

I’ll tell you exactly which sites you should use in a second, but first I want to talk about some of the things you should look for when you’re evaluating the sites on your own.

To begin with, as I mentioned above, you want to make sure that any site that you use can be counted on to deliver your credit report instantly to you online. Nobody wants to wait around for weeks while the credit report arrives in the mail.

Most sites that say they offer this kind of service actually do. As long as you’re getting your report from the major credit reporting bureaus, you’ll most likely be fine with this.

Now, the other thing that’s very important is your credit score. If you’re looking for a free credit report, I’m sure that you know what your credit score is and how important it is to getting a loan. But just in case…

The credit score is a simple way for a lender to quickly evaluate your credit worthiness. So instead of them having to go through your report line by line all they need to do is look at your score and they can make a very quick and easy determination about how much, or even if, you’ll be allowed to borrow.

You want to make sure that whatever credit score you’re being delivered by the site is actually the score that a lender will use to evaluate your application.

You shouldn’t be getting simply an estimate of what your credit score might be. This doesn’t really do you any good, as it doesn’t give you a true picture of how a lender is going to see you.

Okay, now that we’ve gone through the basics, just about the only thing you need to know now is where to find reviews of the best free instant credit reports sites.

There’s only one free instant credit report site I ever recommend to anyone who asks, and you can find a link to it right here: Free Instant Credit Reports reviews. It’s constantly up to date and offers video reviews of the best free credit report sites out there. Also see this free instant credit reports article for more information.

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Free Instant Credit Reports – Which Ones Can You Trust?

It’s really pretty funny when you think about it, but with so many people clamoring to get their hands on free instant credit reports, you’d probably think that there are just millions of sites out there ready, willing, and able to deliver them up to you and me.

That’s partly true. There are an absolute ton of websites out there that do offer credit reports. But now here’s the problem with most of them — they either don’t offer an accurate report, or they don’t offer the true credit score that you need to know how lenders see you.

So, not all free credit report cites are created equal. That much is obvious. We’re going to get to the sites I recommend for getting your true free credit report in just a second. But first, let’s talk about some things that you need to watch out for when you start evaluating all the offers out there.

If you’ve spent any time at all going to some of the sites that offer free credit reports, I’m sure that you’ve seen that 99.9{77e4f13bffff39a77640d2f040ceda7a1e812745d41e2ba69a482d80ad5e3070} of them will offer you a free trial to a credit monitoring service in exchange for providing the free report.

This is absolutely fine in most cases. For a lot of people this is actually going to be something that you really should consider. I understand that maybe all you’re looking for is that immediate report and score so that you know exactly where you stand.

However, if you are in the middle of considering a major purchase such as for a new car, or maybe you’re applying for a mortgage, a home refinance, or something like that, then having this kind of monitoring and reporting service can actually be a huge help.

What you want to avoid at all costs is a sudden surprise that shows up on your report right before you’re about to sign your final papers. (Believe me, I know what that’s like, and you definitely want to avoid it.)

But of course that’s just my opinion. Whether or not you think you need this kind of thing is totally up to you. All I’m asking you to do is to consider the possibility that you might actually want to have this kind of tool in your pocket should any unforeseen circumstances pop up.

Anyway, so those are the basics for what you need to know in order to get a free instant credit report. One thing I didn’t mention is that you want to make sure that your score is actually coming from a legitimate source.

Some sites will offer a free score along with your report, but never tell you that the score is actually just an estimate and not something official that is actually used by lenders. This kind of thing doesn’t really do you any good. I mean theoretically, you could probably estimate your own score. But would that give you a true picture of your credit worthiness? Of course it wouldn’t.

So now that we’ve covered all that, the final thing you need are some actual reviews of free credit report sites so that you can avoid all the scams out there.

Let’s talk about the only free instant credit report sites I recommend. I’ve made some video reviews for you here: Free Instant Credit Reports reviews. It’s constantly up to date and offers video reviews of the best free credit report sites out there.

Also see this free instant credit reports article for more information.

Avoid Free Instant Credit Reports Scams

I was really kind of surprised when I started researching all of the free instant credit reports sites out there. Over on my blog I’ve been researching all kinds of consumer deals and I thought that this one would be pretty easy.

A lot of people have written in to me and asked if I could look into this for them, and I was kind of surprised because I always thought it was really very simple to get your credit report online, and to get it for free.

Well, I was basically half right. It is very, very easy to get a free credit report online. That much is true. But what I didn’t realize is that it is still pretty hard to know which site is actually offering a true and accurate picture of your credit — you know, the one that the lenders will see.

One of the things you need to avoid are the sites that are giving you a free report, but one that doesn’t really give you all of the information you need to make an assessment about where you stand in the eyes of a lender.

A lot of the problems with this comes from sites that offer a credit score, but one that isn’t really taken from an official source. The best this kind of information can do is to give you an idea of what your true credit score looks like. And when you’re talking about your credit, the one thing you want is an exact answer, not a made up estimate.

So that’s the first thing that you need to look for.

Important Note: We’re going to get to the only sites that I recommend for getting your free instant credit report in just a second. But first, I just wanted to go over some other things you need to be aware of. So just hang tight, I’ll be giving you the links in a second.

Now, the other thing I want you to be aware of is that 99.9{77e4f13bffff39a77640d2f040ceda7a1e812745d41e2ba69a482d80ad5e3070} of the sites that you’re going to find online will ask you to try out a free trial period of a credit monitoring service in exchange for getting the free credit report. There’s really nothing wrong with this kind of arrangement, and it actually may wind up being really beneficial to you depending on what your situation is.

For example, if you were right in the middle of doing some shopping around for a major purchase then it’s going to be vital for you to keep close tabs on your credit score. You don’t want any last-minute surprises that could scuttle any deal that you’ve worked out because some random thing suddenly shows up on your credit report that shouldn’t be there.

It’s totally up to you what you decide, I just wanted to bring this up so that you were aware of the fact that these things can actually be helpful. If you’re not into it, or you don’t think you need it, no sweat. All you have to do is just cancel the trial and you’re good to go.

So, at this point we’ve gone through all of the different factors you need to consider when evaluating free credit report sites. The only thing missing so far are hands-on reviews so that you can know for sure what you’re getting is the real deal.

You can find info on the only free instant credit report sites I recommend right here: Free Instant Credit Reports reviews. It’s constantly up to date and offers video reviews of the best free credit report sites out there.

Also see this free instant credit reports article for more information.

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The Importance Of Checking Credit Reports

Have you ever wondered why we are always reminded to check our credit reports regularly? Did you ever think of the sound reason behind this constant reminder?

Well a lot of people are a bit perplexed and curious about the answers to the questions above. So, they try to find answers on their own just so they can satisfy their need to know. If you are one of these people who would like to be enlightened on the importance of monitoring your records, then surely you have stumbled upon the right article.

It is always a good idea to periodically check your credit report for errors and problems so that you can correct them. And, you are entitled to receive one free report from each of the credit reporting agencies each year. Who are the big three CRAs: Equifax, Experian, and TransUnion.

To get your free credit report online, contact each CRA though the Internet and request a credit report. There should be no charge. If there is, then phone the company for assistance. While there are services that will obtain the report from each of the three CRAs (saving you some time), there have been issues where the requested reports are not received, and yet the CRA will have your request on their database as being issued. The process to correct this is a lot of aggravation.

It is important to check credit report data because everyone, including lending companies and credit card companies make mistakes when reporting information to the credit bureau. Checking the data that is on your credit report can help you to make sure that you have the most up to date and above all, accurate information reflected there. It is also important because disputes can only be filed within a specific timeframe. If you wait too long you could end up being unable to correct the discrepancy and your dispute simply ends up dismissed.

There are a number of things which appear on your credit report. This is why it is important to check credit report data thoroughly and regularly. Legislation allows for one free credit report every year to help people make sure the information is accurate. Since most people usually only have a few credit cards, loans and perhaps a mortgage or lease history it is usually easy to use this one time to check to make sure that your data is correct. Errors are usually made in updating already existing data rather than data that is already on the report.

This is why it is even more important to check your credit report when you make major changes such as debt consolidation, new acquisitions of lines of credit, loans, mortgages, vehicles or when you settle a debt. You should do this as soon as possible to make sure that the debt is marked off correctly as the right type of debt, with the right amounts. Depending on the debt, it will give the balance on revolving debt and usually the monthly amount owed on installment debt. It is usually a good idea to make sure this information is accurate, if not you may end up with a dispute or may end up not being able to obtain a service you need because the data is not correct.

For more information on { check credit reports }, make sure you check out this article { credit report }.

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Unauthorized Access of Credit Reports: Your Rights Under the Law

Your credit report is your private financial information. This information is every bit as private as any private financial information you keep in a locked drawer in your home or office. You have an absolute right to keep it private.

Your credit reports are maintained by various credit bureaus. The three largest and most famous credit bureaus are Transunion, Equifax and Experian.

Unlike a locked drawer in your home or office, however, the only thing someone needs to obtain your credit report from a credit bureau is an account with that bureau. Thus, anyone with an account has access to your credit report, whether or not you have given them permission to access it.

Examples abound where businesses have accessed credit reports wrongfully, without permission and without a proper purpose. I have heard of insurance industry law firms and insurance companies pulling credit reports for personal injury plaintiffs to find out if they’re financially strapped, and thus more likely to accept an insufficient settlement offer. Some unscrupulous companies pull credit reports to find out if you qualify for a loan they are offering, before they have even contacted you about the loan. Some pull it for less savory purposes yet, such as to determine where you shop and spend your money. These are all improper purposes for accessing someone’s private credit report.

All of this information is private and legally is supposed to remain private unless one of two things happens:

1. You give someone permission to pull your credit report, or,

2. The person pulling your credit report has a permissible purpose for pulling it.

There are very few permissible purposes. The law is really your only safeguard against unscrupulous persons pulling your credit report for improper purposes.

Examples of Giving Someone Permission to Pull Your Credit Report

Whenever you apply for a loan or a credit card, you normally sign a form which gives the prospective creditor permission to pull your credit report. This is the usual manner in which credit card companies, car dealerships and lenders access your credit report.

Beware, however, that some companies forge consumer signatures on forms to gain permission when they don’t have the consumer’s legitimate permission to pull your credit report. Thus, telemarketers cannot pull your credit report without your permission even if they are trying to sell you a loan. Car dealerships do not have permission to pull your credit report simply because you walk onto their lot to look at a few cars. If you pull your credit report and you find instances where companies have pulled your credit report without your permission, suspect that they may have done so by forging your signature. This happens more often than most consumers realize.

Examples of Permissible Purposes for Pulling Your Credit Report

There are very few: in response to a court order, in connection with an employment application and when a consumer actually applies for credit or insurance.

If you do not initiate the transaction, then a credit card company may only pull your credit report if they are making you a “firm offer of credit,” which is definitely quite a bit more than those endless letters from credit card companies telling us that we’ve been “Pre-Approved”, but we have to fill out an application anyway.

Persons or companies who pull your credit report must certify that they are pulling it for a permissible purpose. If a company pulls your credit report for a permissible purpose and then uses it for an impermissible purpose, then that company has violated your rights and the law. Companies may only pull and use your report for a permissible purpose.

In general, you need to pull your credit report and inquire into any credit entry for a credit card company, a finance company or an insurance company you do not recognize. It may well turn out that some company has pulled your credit report without your permission and without a permissible purpose.

How Do I Find Out if Someone Has Pulled My Credit Report Without A Permissible Purpose?

Pull your credit report from the three major credit reporting bureaus. They often share information among themselves, so negative credit entries to one bureau frequently find their way onto your credit reports with the other two bureaus.

If you see entries on your credit report concerning companies pulling your report without your permission, or companies you do not recognize, then you should inquire further as to whether someone has improperly accessed your credit report.

The answer, unfortunately, may well be a yes.

Why is Impermissible Access to One’s Credit Report Harmful?

Apart from being an invasion of your privacy, credit “pulls” actually lower your credit score. Someone who pulls your credit report without permission and without a legitimate purpose directly harms you by affecting your credit score.

What are My Remedies If I Discover that Someone Has Wrongfully Pulled My Credit Report?

If you have any questions or doubts, first contact the company which pulled your credit report and ask them, in writing, why their company name appears on your credit report. Sometimes there is an innocent explanation, but don’t be surprised if you get the run-around or if it turns out that this company did not have any permissible purpose when they pulled your credit report.

If you do find out that there has been an impermissible pull of your report, or if you just cannot get good answers to your questions, then see a lawyer. You are entitled to a penalty per violation of your right to financial privacy, even if you do not directly suffer damage as a consequence of the improper pull. There is also the potential of punitive damages, as well as any out-of-pocket losses you have suffered. The statute also provides that the person who improperly pulled your credit report must pay for your attorney’s fees, so these cases are frequently affordable even to consumers who cannot otherwise afford an attorney.

Robert F. Brennan, Esq. is a principal with Brennan, Wiener & Associates, an AV-rated law firm in La Crescenta, CA.  His firm specializes in consumer protection litigation, including wrongful credit damage and abusive debt collection.  He can be reached at:

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