How to find out my credit score for free?
You can request a free copy of
your credit report from each of three major credit reporting
agencies – Equifax®, Experian®, and TransUnion® – once each year at
AnnualCreditReport.com or call toll-free 1-877-322-8228.
You can also use the credit report available for free from
your bank (if there is one available). Another way on checking your credit
score which is more in details and very helpful, is through Credit Karma
(Creditkarma.com) it’s secure and free.
Your credit score is based on your credit report data
from one of the 3 major credit reporting bureaus: Experian, TransUnion and
Equifax.
Scores info:
800 + :
This is an Exceptional credit score and that should be your goal. This credit score range is way above the national average and borrowers within this range will most likely not have a problem getting credit.
This is an Exceptional credit score and that should be your goal. This credit score range is way above the national average and borrowers within this range will most likely not have a problem getting credit.
740 to 799:
Score: Very Good. This score range is also above the national
average and borrowers in this range are at a great advantage in both the
likelihood of getting credit approval and being offered lower interest rates.
670 to 739:
Score: Good. A “median” range, this score identifies a
borrower as “acceptable” which means he or she might not get as low an interest
rate as those in a higher credit score range.
579 and lower:
Score: Poor. Consumers who fall within this range are
considered a poor credit risk and may be rejected. Many who fall within this
range must often put down a deposit or pay a fee to obtain a credit card or
home utility services.
