CREDIT REPORT HISTORY
3 in 1 Credit Report: an Unbiased Report Available Free of Cost
A credit report plays a crucial role in approval and denial of your loan application. As before approving your loan applications lenders analyze and verify your credit report to judge your credit worthiness. If they find your scores and credit satisfactory only then your application is approved and otherwise it is rejected. So it is important for you to access your credit report if you are willing to apply for loans. The good thing is that it is available free of cost and anyone can apply for it.
Credit reports are issued by three agencies namely Equifax, Transunion and Experian. The information provided may differ from each other. 3 in 1 credit report is therefore prepared to make it more transparent and error free. Also it enables lenders and borrowers to access all the three report in one.
The credit report not only serves borrowers but also acts as a guide for lenders to know the financial and credit standing of borrowers. And borrowers can know their credit scores and improve them if necessary. The 3 in 1 credit report classifies a borrower a good or bad creditors.
The 3 in 1 credit report gives lenders a detailed account of your past credit and payment patterns. It shows bad credit like arrears, late payments, CCJs, IVA, bankruptcy and repayment defaults made by borrowers. Such defaults are considered unfavorable. If you have such defaults in your report then they will show up negative and affect your credit scores. The 3 in 1 report enables you to cross check and analyze all the three reports so that you can check the missing facts. This will allow you to improve your credit records.
3 in 1 credit report can be applied online also. You can easily register yourself by filling a simple form. Most importantly you will not be charged any fee because these reports are available for free. Now what are you waiting for just apply immediately and know your credit worthiness!
Stephen Lawson is a financial advisor and also writes finance related articles for 3 In 1 Credit Report. To find 3 in 1 credit report, cheap 3 in 1 credit report, instant credit report, free 3 in 1 credit report, personal 3 in 1 credit report that best suits your needs visit http://www.3in1creditreport.info
Make Good Use of Your Annual Free Credit Report
before you can use your credit report you need to get yur report. Reports are available on request. Free credit reports requested by phone or mail will be processed within 15 days of receiving your request. Such reports were mandated by a federal law enacted in 2003. The program has all now been implemented.
AnnualCreditReport.com is reportedly the only official site where you can get a genuinely free copy of your credit report from all three reporting agencies. And if you/ d rather order your free credit report by phone or by mail, you can do that too. AnnualCreditReport.com processes requests for free credit file disclosures (commonly called credit reports). I have been told that under the Fair and Accurate Credit Transactions Act (FACT Act) consumers can request and obtain a free credit report once every 12 months from each of the three nationwide consumer credit reporting companies.
Now once you have joined up for your credit report such as at AnnualCreditReport.com, there is an extra peril. This is that when you receive phishing spam pretending to be your report provider asking for personal information, you may think it is from your real provider asking for your details again from you for a Review” or a “verification”. The thing to remember here is that all the nationwide consumer reporting companies have pledged that they will not send you an email asking for your personal information.
If you get an email, see a pop-up ad, or get a phone call from someone claiming to be from your credit report provider don/ t trust them! Do not reply but delete the email, do not click on any link in the message.
Companies or individuals promising quick fixes are almost always fraudulent. The important thing to remember is that no one can have accurate information removed from the credit file. Companies still do get away with reading your report. Haven/ t you ever received a pre-approved credit card?
Identity theft is also on the rise, now being the number one consumer complaint reported to the Federal Trade Commission. One of the first places identity theft shows up is often on your credit report.
Monitoring your credit report is your first line of defense in protecting your identity. I like to use the Stop Junk Mail service because I can stop all the credit card offers and other junk mail. Monitor your credit report to catch ID fraud early.
Information here should not be construed as advice and it is offered without legal responsibility or liability. It must be emphasised that you should consult a professionally qualified individual or company (such as an accountant, financial adviser or solicitor for example) should you need advice on your financial situation, as they will be able to relate their advice to your personal needs accordingly.