Are you wondering or searching ways to find your credit score? If yes, then the answer to the very old question: what is my free credit score? There are few people who strive hard to make a good credit score while others are not even aware that a the score exists. It is very essential that we know our scores of credit and a periodic check is necessary for maintaining a healthy creditworthiness in the market.
Every year a person is entitled to get a free credit report that contains all the personal and financial details including the credit history. The credit report is prepared by three credit rating agencies, the Trans Union, the Equifax and the Experian. These agencies prepare a separate report for themselves and all three of them are available online or through mail on request.
The credit reports can be requested whenever a credit has been refused and there is a letter mentioning the name of the bureau and its report about the poor credit of a person. In such cases, credit reports are supplied free of charge to the person who has requested to receive the same.
The credit scores are considered the most vital numbers of your life. It summarizes the creditworthiness of a person and is the first and last thing that the lenders look at before lending funds. The score is a number that ranges from 300 to 850 and lower numbers represent a poor credit score. The higher scores indicate that a person is having and excellent credit risk. If person is having a terrible score then it can lead to rejection of any kind of loans or mortgages or credit card applications. It is the only means which makes a lot of difference in your monthly payment amount for car payment or mortgages.
The moment you write my free credit score in any of the search engines you can get many places online that offer free service but even here conditions apply. If you are assiduous enough then you can play with the tricks of such websites and companies that offer free scores. Because these websites offer one time free credit score but asks for subscribing with them for thirty days. If the subscription is not cancelled within thirty days then they would charge any amount ranging from 5 dollars to 100 dollars per month.
There are certain banks and major retailers who offer free score monitoring for credit as a part of their services. These services are offered with the banks but at somewhere or the other place the three credit rating agencies have their sponsorship for presenting such programs.
The answer to the question where can I find my free credit score? Can be answered by several but it is up to you how you save yourself from frauds and rely upon the trusted and official website. One such website annualcreditreport.com offers credit report once per year for free which contains three credit reports and scores can be calculated on the basis of these three credit reports.
