Get Your Free Credit Report

If the probe unveils the error, you've the rights to request the corrected version of the reports to be sent off to everybody who obtained the free credit reports during recent 6 months. The reporting authority will start the probe, by getting hold of the creditors to verify the info.

• 680 - 699 -- Good Credit


• 620 - 679 -- Okay or Average Credit


• When insurance increases in price due to credit problems


• Amounts Owed


• 700 to 850 = excellent


• New Credit


• If a consumer is turned down for a job based on credit

Already I have found sites trying to take advantage of the passing of this bill. If you Google "get free credit scores 2010 bill" you will find many sites offer free 2010 credit scores. When filling out the application for the scores they request your credit card info. Always be wary when you are asked to give your credit card info. When a site wants your credit card it means the site is not giving you a free score (there will be strings attached). This is a free TRIAL score.

Why Is It Important,

The thirty day deadline to investigate disputes puts a great deal of pressure on the system. The second the consumer dispute hits their desk the clock starts ticking. They must contact the creditor or creditors, inform them of the disputed information and receive a response within the thirty day period or by law the item must be deleted. Moreover, this report also contains or keeps track of your missed or late payments, and repayment status. Today, when applying for a loan, financial institutions or banks check first your credit report. This report is often used by these institutions to determine or weigh your financial capacity and credibility. Why Is It Important, Checking this report does not only help you correct possible mistakes or discrepancies. It is also the first step to repair or improve your report and prevent fraud.

Free online credit scores are advertised by a number of online vendors.

There is also a site called CreditKarma that provides a credit score at no charge. Where can one get a free online credit score, Free online credit scores are advertised by a number of online vendors. Be sure to read the fine print, as many of the most popular (and most advertized) companies will require a signup for their credit monitoring services before you will have access to your "free" score. A "free" score, like a free lunch, is not easy to come by.

This is not all, the landlords and the employers go for checking the credit score of an individual if he looks for an accommodation on rent or if he looks for an employment. The person should take steps for free credit score check. A person should secure his credit report once in a year for several reasons. If he finds in his credit file that his credit performance is not up to the mark, he has something to do.