Credit Report?
- Thread starter pace1987
- Start date
I wanted to do a credit report but not sure where to start. I know their is a coupe website out there but wanted to know if any of you have done a credit report online and where? I think I really need to do this just to see what is on there. TIAI could be wrong but I thought it was equifax?? There are 3 different burueas to get reports from. The names have changed over the years so I don't recall them. If you do a google search, they should come up. You should check all three of the main ones.
We are currently buying a house and all three of the reports are slightly different.
Colleen
We are currently buying a house and all three of the reports are slightly different.
Colleen
Georgia Peach Fit
Cathlete
Barbara, you do get one free report a year. I would steer clear of the online ones and sometimes they are not very accurate. There are three major credit reporting agencies in the country. Equifax @ equifax.com, or you can call them toll free at 1-800-685-1111, Experian @ (obviously) experian.com, 1-888-397-3742 and Trans Union @ (you guessed it) transunion.com @ 1-800-888-4213.
Hope this helps
Hope this helps
dani21496
Cathlete
acatalina
Cathlete
punch in annual credit report.
It will come up you get 1 a year from all 3 companies.
You need to punch in some info and it will come up.
Do one every 4 months. You can keep track all year instead of once a year.
Anne
Oh ,
CAncel all those credit cards you don't use. I had 22 i haven't used in years. Mine was 29 pages long.
I was stunned.
http://www.picturetrail.com/gallery/view?p=999&gid=8227804&uid=3969941
It will come up you get 1 a year from all 3 companies.
You need to punch in some info and it will come up.
Do one every 4 months. You can keep track all year instead of once a year.
Anne
Oh ,
CAncel all those credit cards you don't use. I had 22 i haven't used in years. Mine was 29 pages long.
I was stunned.
http://www.picturetrail.com/gallery/view?p=999&gid=8227804&uid=3969941
kathryn
Cathlete
>CAncel all those credit cards you don't use. I had 22 i
>haven't used in years. Mine was 29 pages long.
>I was stunned.
>
Actually, Susie Ormond (?) suggests NOT cancelling credit cards, as it can negatively affect your credit rating because you will then have less credit available to credit used.
>haven't used in years. Mine was 29 pages long.
>I was stunned.
>
Actually, Susie Ormond (?) suggests NOT cancelling credit cards, as it can negatively affect your credit rating because you will then have less credit available to credit used.
dani21496
Cathlete
>
>Actually, Susie Ormond (?) suggests NOT cancelling credit
>cards, as it can negatively affect your credit rating because
>you will then have less credit available to credit used.
This is true. The more available credit you have, the higher your credit score.
Don't cancel the cards, just keep the balance low.
>Actually, Susie Ormond (?) suggests NOT cancelling credit
>cards, as it can negatively affect your credit rating because
>you will then have less credit available to credit used.
This is true. The more available credit you have, the higher your credit score.
Don't cancel the cards, just keep the balance low.
shakeubooty
Cathlete
Actually, that's not true. I thought I had heard just the opposite recently so did a search and found this link. It says "To have a lot of available credit is not to your advantage" but you have to make sure you cancel your cards the correct way.
http://moneycentral.msn.com/content/Banking/creditcardsmarts/P88393.asp
Sue
http://moneycentral.msn.com/content/Banking/creditcardsmarts/P88393.asp
Sue
I tried doing it online and each of the 3 services found an excuse not to provide the info online but gave me an address to follow up with. I had to wait a little while but I was happy with the service.
Since I chose the free reports I did not get my "score" they wanted me to buy a subscription and then they'd provide a bunch of services that I didn't care for.
You'll be suprised by how far they go back. I'd forgotten some of those accounts.
Dave
Since I chose the free reports I did not get my "score" they wanted me to buy a subscription and then they'd provide a bunch of services that I didn't care for.
You'll be suprised by how far they go back. I'd forgotten some of those accounts.
Dave
dani21496
Cathlete
That's interesting Sue. Maybe it's different for every individual.
My credit score just went up when I added another card, but didn't charge anything. Mortgage lenders might see that as potential debt, but for some reason it made my credit score go up by 10 points!
Equifax also has a tool where you can see what happens with your score if you do certain things. It will tell you what your score would be if you added another card, paid down a balance etc.
So, maybe it's different for everyone.
Barb, maybe you can try that tool on the website. It will tell you how to increase your score.
Good luck!
My credit score just went up when I added another card, but didn't charge anything. Mortgage lenders might see that as potential debt, but for some reason it made my credit score go up by 10 points!
Equifax also has a tool where you can see what happens with your score if you do certain things. It will tell you what your score would be if you added another card, paid down a balance etc.
So, maybe it's different for everyone.
Barb, maybe you can try that tool on the website. It will tell you how to increase your score.
Good luck!
kathryn
Cathlete
go to www.freecreditreport.com . It's easier to go through them. If you go through one of the three companies (at least with Equifax), they seem to make it really difficult to find how to get the free credit report you are legally entitled to.
shakeubooty
Cathlete
Yes, that's exactly what I'd heard - more credit available to you puts you at a higher risk for going into debt. This person also said that when you take advantage of free financing for x days/months to buy furniture, for example, you are in fact, opening up a credit account with whatever financial institution the store uses. They usually issue you a card shortly after your purchase to encourage you to make future purchases at that store. After the x days/months is up and the amount is paid off, you should cancel the card.
Sue
Sue
Hi!
As a banker who does home euity loans on a daily basis. I would get a check on your report from all three. In my experience personally and working for my customers to put together loan packages; Equifax and Experian are more consumer oriented than TransUnion. They will go the extra mile to correct errors you find on your report so that things are clean and you get your score on the upward track. TransUnion is industry oriented (banks and lending companies)and 9 times out of 10 is the low ball score. The banks use Transunion because of this so that they can justify charging you more for the loan. I know there are some that say their score from Transunion is high. But out of the three Transunion will low ball your score. When there are discrepensies work with Equifax and Experian to correct. When the correction happens with them. Check the Transunion report because they will not make the correction (even though it is out there)unless you write them and present proof of correction from the other two. I hope your experience is an uneventful one.
Belinda:+
As a banker who does home euity loans on a daily basis. I would get a check on your report from all three. In my experience personally and working for my customers to put together loan packages; Equifax and Experian are more consumer oriented than TransUnion. They will go the extra mile to correct errors you find on your report so that things are clean and you get your score on the upward track. TransUnion is industry oriented (banks and lending companies)and 9 times out of 10 is the low ball score. The banks use Transunion because of this so that they can justify charging you more for the loan. I know there are some that say their score from Transunion is high. But out of the three Transunion will low ball your score. When there are discrepensies work with Equifax and Experian to correct. When the correction happens with them. Check the Transunion report because they will not make the correction (even though it is out there)unless you write them and present proof of correction from the other two. I hope your experience is an uneventful one.
Belinda:+
acatalina
Cathlete
I was told not to have too much open credit.
Also I had thrown cards away . Do you want sonme hacker out there getting your NUMBERS.
I had well over 200 thosand in credit cards.
I took them down to 1 -20,000. Card and 1- 10,000 line of credit for the business.
I sure don't want to charge more than that!!!! on frivelous things.
Oh and it is a fight to cancel cards. Discover was the worst.
Anne
http://www.picturetrail.com/gallery/view?p=999&gid=8227804&uid=3969941
Also I had thrown cards away . Do you want sonme hacker out there getting your NUMBERS.
I had well over 200 thosand in credit cards.
I took them down to 1 -20,000. Card and 1- 10,000 line of credit for the business.
I sure don't want to charge more than that!!!! on frivelous things.
Oh and it is a fight to cancel cards. Discover was the worst.
Anne
http://www.picturetrail.com/gallery/view?p=999&gid=8227804&uid=3969941