Annual Credit Report

Find Information on How to Get Your Free Annual Credit Report and Credit Score.

Free Equifax Credit Report Denied Loan

Credit Report and Credit Scores

The information on your credit report can greatly affect the interest rate and your ability to obtain a loan. So it's very important to check your credit report early, even if you are not quite ready to buy a house just yet.

There are 3 major credit reporting agencies: Experian, Equifax and TransUnion. Everyone has 3 FICO credit scores, one from each of the agencies. The FICO (Fair Isaacs Corporation) score is found by combining several factors, the most important ones being:

Payment History - have you been paying all your bills on time? Late payments will hurt your credit score.

Amounts owed - do you owe a lot of money on each account?

Length of credit history - how long have the accounts been opened? The longer, the better.

New Credit - how many new accounts do you have?

Types of Credit in use - do you have a mix of accounts?

Generally, lenders consider credit scores of 720 and above as excellent and you will get the best interest rates. Scores of 680 to 719 are considered good and you will get the next best rates and so on.

Errors on the credit report are common. If you find an error on the report, notify the credit agency immediately in writing.

Specify clearly what the error is: account name, account number and what type of error (whether there was never a late payment or the account has been closed or you never had that account!).

The agencies are required to investigate and respond to you within 30 days. If the error is complicated, it might take longer than that to remove the error but at least they will be looking into it.

To learn more about credit, including where to check your credit score and tips for improving it, visit Empire Real Estate - Credit Scores.

This article may be reprinted only if credit is given and all links are kept intact.
Copyright2005 Empire Real Estate Group, Inc.

Source: Free Articles from ArticlesFactory.com

Next page: Army Free Credit Report Equifax


Bookmark/Share This Page:

ADD TO DEL.ICIO.US ADD TO DIGG ADD TO FURL ADD TO NEWSVINE ADD TO NETSCAPE ADD TO REDDIT ADD TO STUMBLEUPON ADD TO TECHNORATI FAVORITES ADD TO SQUIDOO ADD TO WINDOWS LIVE ADD TO YAHOO MYWEB ADD TO ASK ADD TO GOOGLE ADD TO MAGNOLIA ADD TO NING ADD TO RAWSUGAR ADD TO SPURL ADD TO TAGTOOGA

  Bookmark and Share

Recommended Products

Get The Debt Help You Need

First Choice Capital Resources - offers a fast, secure, and private way to borrow the Cash you need! Borrow Cash now and have ample time to pay it back.

Get up to $5,000 to use in any manner you like
60 second Cash approval
Great repayment terms
Bankruptcy and poor credit OK
Fast, secure and confidential

Getting the cash and credit you need has never been easier. Fill out one simple online profile and we will match you with multiple lenders. No lines, no hassles and no paperwork! Click here to Sign Up Now.

Credit ENHANCEMENT

Receive Full-Service Credit Enhancement

Start getting your credit back to where it should be by monitoring and managing negative items that may be unjustly counting against you on your credit report. We recommend a company called Riverwalk Credit Solutions to help you correct inaccurate credit items and get your score as high as possible.

Get immediate access to your credit profile, quickly analyze your credit items, and instantly begin disputing the errors and inaccurate items on your credit report.

  • A full-service credit enhancement program for a low, affordable price.
  • Fully compliant with all Federal regulations, including the FCRA and CROA.
  • Improve the accuracy of your credit reports at all 3 major Credit Bureaus.
  • It's easy - we're here to help you every step of the way.
  • Begin your Credit Enhancement now. It takes just minutes to get started.

Click here to fill out the form on the next page and a credit specialist will contact you to discuss your