Looking for an insight into your credit score before applying for a mortgage? Don’t forget, you’re entitled to three free credit reports each year.
Free? Yes, FREE! Each of the three nationwide consumer reporting agencies (CRAs) — Equifax, Experian and TransUnion — are required to deliver a free credit report to you each year at your request.
What’s in it? Your credit report contains the data used to calculate your credit score — the score itself is not included in the report. The information in a credit report is made available to lenders, insurance companies, landlords and employers investigating your credit history. Here’s what they see:
how often you make on-time payments;
your credit card balances and available credit;
your liens, judgments, bankruptcies and foreclosures; and
credit inquiries made about you.
How do I use it? Try these tips to get the most out of your credit report:
obtain a report and address any negative history or errors before applying for a loan;
stagger your requests by obtaining a report from one of the three CRAs every four months to keep current on your creditworthiness; and
protect against identity theft by verifying the information in your report.
How do I apply? Visit the federally approved website AnnualCreditReport.com or call (877) 322-8228 to get started. The reports are delivered immediately after an online application or in two weeks after an application by phone. All you need is your name, address, social security number and date of birth. The entire process takes less than five minutes to complete.
Other sources of free credit information Many companies promise a free credit report but hide monthly charges behind an initial “free” trial. You do not need to sign up for anything to obtain a credit report. If you are interested in checking your credit score, many credit card companies will provide you the information free of charge.
Looking to sell? Give me a call today to set up an appointment!
At Exit Realty of the South, we are committed to providing you with up-to-date information, comprehensive resources and the highest possible level of customer service in order to meet or exceed your real estate goals and objectives. Guided by honesty and integrity as a professional standard throughout the company, we are devoted to your total satisfaction as the benchmark of our success. The recipe for our success is an extensive support team that is second-to-none and passionate real estate professionals who invest numerous hours of continuing education to remain on top of their field.
Above and beyond having the desire, knowledge and ability to manage a real estate transaction, we employ innovative tools and systems that allow us to be most effective and efficient in serving you. From our computers to web-based real estate software and many other innovative techniques, we are driven to stay at the leading edge of technology to better serve you.
Our mission is to provide the highest quality Realtor services. At Exit Realty of the South we strive to provide the most knowledgeable and savvy real estate agents in the market. Whether you are buying or selling, an Exit Realty of the South sales representative has the skills to serve you above the rest.