Get a Free Credit Report:

A credit report might be best described as the financial history of a person that includes all debts, payments, and past due amounts that are used in conjunction with a person’s personal history to compute a score by which their credit is ranked. Knowing your credit score will help ensure that when it is time to make financial decisions, you will be prepared with the information needed to make quality choices.  A free credit report is one of the best ways that all consumers can keep track of their credit scores. There are three major credit reporting agencies and all of these might be on your credit report.  When you choose a free credit report, you will have the option of checking with all three credit agencies.  These are Experian, Equifax, and Trans Union.

Because of the Fair Credit Reporting Act, you are entitled to receive a free copy of your credit report however there is a limit on the amount of reports you can obtain.  The free credit reports are limited to one each year.  You can access your free credit report by visiting the website Annual Credit Report or by calling the toll free number 1-877-322-8228.  Knowing what your credit score is plays a crucial role in ensuring that you know fully well what your credit looks like. If you discover that you have major discrepancies in your credit report, it is imperative that you address those issues immediately.

Your payment history will play a great factor in your total credit score, in fact the way you pay your debts and other accounts will be considered in this section of your credit score.  This also includes items such as late payments, defaulted, loans, and more.  In addition to your payment history, your credit score is also determined by how much debt you owe. If you have a large amount of creditors or unpaid balances, this will contribute to a lower credit score.

Another aspect that can affect a person’s credit in a negative way, is whether or not they have a lengthy credit history.  If someone has just been recently divorced, or have never had credit in their own name, they might suffer from a low credit score simply due to the fact that they haven’t had time to build credit.  If you are unsure of your credit score then click the link above and receive your free credit score, if you have any questions regarding your debt situation, do not delay, contact us today.

Figures provided on this page are examples only. Individual results may vary and are based on ability to save funds and successfully complete all program terms. Debt Settlement program does not assume or pay any consumer debts, and does not provide tax or legal advice. Program not available in all states. Read and understand all contract terms prior to enrollment.

Go Back