Get Your Credit Report and Score
Your credit report and score are important tools in today's buy-it-now, pay-for-it-later world. Knowing what they say about you is the first step to financial empowerment. There are two ways to get a copy of your credit report and learn your score. Here is the first:
Government-Mandated:
- Under the FACT Act of 2003, an amendment to the Fair Credit Reporting Act, you have the right each year to obtain a free copy of your credit report from each of the three major Credit Reporting Agencies. However, you have to wait a year before you can receive another free copy;
- If you want to know your credit score, you'll have to pay a fee every time you ask for it. That may be one reason only 25% of Americans say they know their credit score; and that only 43% say they have obtained their score within the last two years.
But, since your score is constantly changing due to account activity, it is increasingly more important to know where you stand in the credit-world. And frequent viewings of your credit reports allow you to diligently check for account accuracy... and problems such as identity theft. The second, more effective method for staying up-to-date on your credit status is credit monitoring through www.freecreditreportsinstantly.com which offers you:
- 3 free credit reports;
- 3 free credit scores;
- Daily alerts on any changes to your credit report;
- Up-to-date viewing of your credit score as it changes;
- Protection against identity theft;
This is the best of both worlds. You can choose to subscribe and use the product year-round or cancel during the 7-day free trial and you will owe nothing.
Whether you look at your credit report, score, or both, keeping track of your creditworthiness is vital. In today's split-second world of constantly evolving credit profiles, it has become increasingly difficult to stay on top of things. Keep track of your credit because your creditors are certainly keeping track of you.