| Credit bureaus are present in all countries. The Unite | | | | sometimes your records are maintained for as long as |
| States also has a few of them. There are several | | | | 7 years. And why shouldn't you check, particularly |
| credit bureaus in the US today. Among these bureaus, | | | | when there is no need to pay any money for this. It is |
| the Experian, the TransUnion and the Equifax are most | | | | thus natural that you should check your free credit |
| important. These bureaus keep a tab on all the | | | | report and score. But it is important for you to know |
| transactions of a person and maintain his or her credit | | | | whom to approach and how to do this so that you |
| score. But these credit reports are maintained | | | | can get the score. |
| individually be the three bureaus. Yes, it is possible for | | | | Do check the report to find out if there is a mistake or |
| you to find out about your personal credit score from | | | | not, and if there is, then you should bring it to their |
| these bureaus and there's no need to spend any | | | | notice. It is a good idea to check all the three |
| money for this. So go ahead and ask for your free | | | | independent reports. It is a good idea to check all the 3 |
| credit report and score and find out how credit worthy | | | | records even when you are sure that there cannot be |
| you are. | | | | any black spot in them. |
| The three major credit houses do not use the same | | | | These reports have information on all your credit |
| calculation methods to find your credit score. Thus, it is | | | | transactions. There was a time when it used to take |
| quite likely that the credit score figures would not be | | | | about 15 days for people to get their credit reports. |
| identical. Often however, the three separate data is | | | | However, these days you can get these reports |
| analyzed and one final credit score is arrived at. | | | | instantly. You should ask for the free credit report and |
| But often the credit score figures are not free of | | | | score because of other reasons as well. When you |
| errors and that is why you should definitely check | | | | have applied for a loan, the lender will definitely take a |
| them. Because, if there is an error in your credit score, | | | | look at your report to find out whether the loan can be |
| you can be sure that your credit worthiness will suffer. | | | | issued to you or not. And this is why you must always |
| The authorities might hold against you one single | | | | know what your score is before you send over that |
| default and not take into consideration your financial | | | | loan application. |
| improvements since then and this is because | | | | |