How to Check Free Credit Report and Score?
You will have a credit report if you have ever opened up a credit card or took out a loan. Your credit report will list all the credit cards and loans you have or had, as well as how much you owe on them. There is also information on this report on whether you pay those bills on time.
These are all taken into account to generate your credit score. This score is a number between 300 and 850 and will indicate the level of risk you are as a borrower. Where this comes into play is when you apply for a new loan or credit card. The prospective lender will review your credit report and look at your credit score to see if you are worth the risk.
You may wonder what is a good credit score. Typically, anything above 700 is considered a good credit score. If your credit score is low, there are some simple ways to improve credit score such as opening up new credit cards.
You should check your credit report a few times over the course of a year to make sure there are no errors on it. If something is there that looks like it should not be there, you may have succumbed to having your identity stolen.
How to Get Your Free Credit Report and Free Credit Score?
To perform a credit check and check your free credit score along with your credit report, you have a few options:
Annual Credit Report (Only Report- No Score)
The touted official channel through which you can obtain your free credit score (also known as a FICO score) and credit report is Annual Credit Report. This is where you are allowed to request a credit report up to three times within a 12-month period. You will be provided a form to fill out where you can request to see the reports from the three credit bureaus: Experian, Equifax, and Transunion. After you provide your personal information and submit it, you will have to wait up to 15 days until you receive the reports by mail. If you submitted your request to Experian, as an example, you would have to wait two weeks before you received your Experian credit report.
Check Credit Report with SCORE iSafeIdentity
You can get your credit report and credit score for free using the method above, but this will not be enough to ensure the safety of your personal data. To ensure you are protected from identity theft, you need to have continuous monitoring of your information instead of one day casually finding out you were a victim of identity theft.
iSafeIdentity offers a 3-in-1 Credit Report with Score, which will provide you with your credit history pulled from the three major credit bureaus. However, you get more than just your reports and score. You will also get credit monitoring and alerts from these three bureaus so you immediately know when there is an attempt to steal your identity. With iSafeIdentity's Family Cover Package, you get the added bonus of monitoring your social security number, credit/debit card monitoring, and a wide data sweep to ensure your personal information is safe.
After comparing these two options for obtaining your credit report and credit score, iSafeIdentity's 3-in-1 Credit Report with Score and their Family Cover Package are the more helpful choices. Getting your free credit score and credit report is no longer enough. Identity theft affects 1 in 15 people every year. It is more important than even to monitor your personal data so that you can rest soundly knowing it is safe from criminals.