3 In 1 Credit Report - Getting A Copy Of Your Credit Report And
Seeing What Needs To Be Improved
If you are concerned about identify theft or regular credit monitoring,
you likely understand the importance of obtaining a copy of your
free personal credit report. Neglecting to monitor your credit may
prove damaging in the long run. It does not take long for a person
to access your information and begin opening accounts in your name.
For this matter, consumers are advised to obtain a 3 in 1 credit
report every six months.
Benefits of a Credit Report
Aside from protecting yourself against identify theft, credit
monitoring is essential for improving your credit rating. Although
lenders use credit reports to judge a loan applicant's creditworthiness,
credit reports are also beneficial because they keep us informed
of our credit standing. Thus, we can know our odds of obtaining
a home loan, auto loan, etc.
How to Get a Copy of Your Credit Report
Getting a copy of your 3 in 1 credit report is simple. Furthermore,
because reports are viewable online, there is no valid reason not
to check your report at least once annually. Every city across the
country has a local credit agency which will issue copies of your
credit report from all three bureaus. However, if you prefer the
convenience of the internet, there are various websites offering
3 in 1 reports for a small fee.
To obtain a copy of your personal reports, you must provide information
such as name, address, social security number, etc. Once your information
is verified, credit reports are either sent via email, or viewable
from the website. Your entire credit history will show before your
Why Obtain Copies of a 3 in 1 Credit Report?
If you are hoping to improve your credit rating, obtaining a 3
in 1 credit report should be the first step you take. This way,
you know exactly what needs improving. The report will list all
creditors, current balances, and account standing. Moreover, you
should review your report for errors. If inaccuracies are present,
contact the bureau and discuss clarifying the matter.
In addition, credit reports include a credit score. This 3 digit
number carries a lot of weight. Low scores indicate bad credit,
whereas high scores equal good credit. If the goal is to improve
credit score, it may be wise to improve in certain areas. For example,
avoid late or skipped payments, reduce debt to income ratio, settle
collection accounts, and limit your number of credit inquiries.
Manage My Credit -
a website devoted to providing advice on managing your credit and debt