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Get your Free Credit Report and Credit Scores
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 Credit is A Necessity
Your credit history is required for a mortgage, to obtain a credit card, to apply for a student loan, to get a cell phone, or to rent an apartment and set up utlitities. Your credit history is collected in your credit report. And, from your credit history, the credit bureaus calculate your credit scores. In today's world, your credit score is everything, low scores means higher interest rates and typically less that you can get credit. If you don't have credit you need to establish it.
Read more on : How To Establish Credit.
Credit is Emotional For most of us, bad credit is embarrassing, even if it is a result of a job layoff, or medical illness, or some other reason out of our control. Credit is also something that we compete with when we compare our credit scores with a spouse or co-worker or buddy. No matter what happened in your past, your credit can be restored from where it is now, and it can always be improved.
Read more on : How To Restore Your Credit.
Credit is Evolving Many years ago, credit was handled through a phone call to a "credit reference." If the "credit reference" gave you a good word then it was likely you got your credit. In today's world credit is tracked by your credit report, and your creditors report your credit history typically monthly or quarterly. The Credit laws and credit reports are complex and confusing and often require the assistance of a professional to review, establish, protect, repair, or restore.
My Credit Worthiness Is My Credit Score Since the mid 1990's, credit report bureaus have been using something called your Credit Score. Credit scores typically are between 350 and 850. Harsh as it sounds, over time, credit scores have been proven to be an excellent predictor of the type of credit history you are going to have in the future. Sometimes our credit goes down for extenuating circumstances like job loss, or medical reasons, or a failed business. But for many people, a poor score now will likely mean a poor history in the future. By the way, an excellent credit score is generally anything over 700. Folks who have just gone through a bankruptcy will likely have scores in the low 500's or below.
Credit Is For Protecting Another big deal in today's society is Identity Theft. We have a great deal of information on this problem and what you can do to ensure you are protected. Take a look at the following article for what steps to take should such a thing ever happen to you or someone you know.
Read more about : Preventing Identity Theft.
Obtaining Your FREE Yearly Credit Report Free Annual Credit Reports: There's only one authorized online source for you to get a free copy of your credit report once every 12 months. It's AnnualCreditReport.com. That's AnnualCreditReport.com. Beware of other sites claiming to offer the same service. They're probably scams.
Log on to AnnualCreditReport.com, the one and ONLY authorized source for your free annual credit report. A message from the Federal Trade Commission, the nation's consumer protection agency.
AnnualCreditReport.com will NEVER send you an email solicitation for your credit report, or use pop up ads. If you DO receive any solicitation or are presented with any form of advertising concerning you obtaining your free annual credit report, chances are they are imitators who may be running a look-alike scam. Please share this information with others you care about by sending them to this page so that they, too, can receive this free information!
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