As mentioned throughout this website, a positive credit report is a key factor in obtaining credit from businesses. It is important to keep an eye on your credit report and your credit rating. Lower credit ratings could decrease or even eliminate your chances at receiving credit from a company.
What all is on my credit report?
The majority of the information on your credit report is financial-related information such as:
- How you pay your bills (whether it’s early, on time, or late).
- Whether or not you’ve filed for bankruptcy.
- Whether or not you’ve been sued and how it turned out if you have been.
However, there is additional information on your credit report for creditors to use to determine whether you should be trusted with credit or not. Examples of this type of information are:
- Whether you’ve been arrested or not.
- Whether or not you’ve been convicted of a misdemeanor and/or felony.
How often should I check my credit report?
It’s very important that you obtain a copy of your credit report at least once a year. This way you can look over it and verify that everything is correct. If you believe that something on your credit report is incorrect, you may file a credit dispute.
How do I get my credit report?
There are several ways you can obtain your credit report. You must either:
- Visit www.annualcreditreport.com
- Call a toll-free hotline ( 1-877-322-8228 ), or
- Fill out the Annual Credit Report Request Form. You must then send the form to: Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA, 30348.
Every twelve months you are entitled to request a free copy of your credit report. If you’d like to receive a copy of your credit report, but the 12 month period has not passed since your last free copy, you have the option to purchase a copy.
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