Last Updated: Monday 23 January, 2012

How You Can Check Your Credit And Not Risk Lowering Your Score

How You Can Check Your Credit And Not Risk Lowering Your Score

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ometimes our lives revolve around numbers. We keep up with the latest sports scores, gas prices, stock market, our cholesterol level and even deals at the grocery store. Most of the numbers we keep up with, we have little control over. But one of the most important numbers in everyone's life is one that many people never check themselves -- and one that you can improve. It’s a number that affects almost every financial aspect of your life.

 What is it? It's your credit score.

 It’s recommended that you check your credit score at least once a year. If you discover that there are mistakes or if your score is low you can take action to correct those errors and raise it.

 If you don't know your credit score, you can get for a free credit report from the any of the three major credit reporting agencies; Experian, Equifax and TransUnion. By federal law, everyone is entitled to a free credit report once a year.

 GoFreeCredit is one of the easiest and fastest ways to get access to reputable credit check services.  And, you can use this service free to keep track of all activity on your credit report to move forward to increase your score.

 Rest easy because checking your credit score on GoFreeCredit will not hurt your score.

 Did you know that as many as one in four credit reports have serious errors that could result in a being denied a load loan, or prevent you from renting a home, even being forced to pay a higher interest rate and affect your ability to land a new job.  

 These situations may encourage you to check your credit more than once a year.  In fact, many people gain peace-of-mind by checking their credit score before applying for a home loan or buying a new car so they know what to expect in terms of interest rates. To get yours now, click here.   Many people are also under the impression that checking their credit score too often will have a negative impact and lower their score. That’s simply not true.

 There are two kinds of credit checks. The first, is a hard hit. This is when a bank, credit card company or other lender pulls your credit report. Those types of checks can lower your score by a few points if several are done over a three month or less time period. The second is a soft hit and that’s when you or a potential employer pulls your credit report. Soft hits do not lower your credit score.

 When you get a copy of your credit report, it will show what companies, lenders or individuals have requested a copy of your report. Incidentally, no one can pull your credit report without your permission. To get yours click here.

 Remember that you get one free credit report a year. If you request more than one per year, the reporting agencies will charge you a fee per check.

 Whatever method you decide to use to check your credit report, the important thing is to remember to check it for errors at least once a year. Also remember that checking your own credit report is considered a soft hit and won't lower your numbers. In fact, it could raise it once you correct any mistakes that might be on it.

 To begin your free unlimited access trial, visit GoFreeCredit and get in charge of your financial future

 

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