Free Annual Credit Report – Instant Online Experian, Transunion and Equifax Government Support Credit Help
Posted on | May 24, 2011 | Comments Off
Over the last few weeks we have seen the 10 year treasury rate yield drop to a new yearly low which in turn has pushed interest rates lower as well. Before going into any money borrowing situation it would be wise to take advantage of the free annual credit report that is supported by both the Federal Government and FTC.
It is very important to understand that there is only one website with government and FTC approval – annualcreditreport.com. Any other website claiming to offer a free annual credit report or free credit score will likely be punished in the near future by the FTC as they have worked very hard to clean up this industry.
Although there is no such thing as a government free credit score it is still very helpful to look at a credit report. By looking at a credit report all Americans have the ability to much better understand how creditors look at their specific financial situation. This can help them also address any areas of concern in the near future before trying to borrow money.
Taking the time and effort to do research on a financial situation can go a long way towards saving a significant amount of money. Some Americans have saved hundreds or thousands of dollars by refinancing a home loan or locking in to lower interest rates on credit cards.
It is advisable to have a credit score above 740 to have any chance to lock in to low rates. Unfortunately, many Americans have made poor financial decisions over the last several years which has made it quite difficult to improve a damaged credit score. This is why it is always very important to make sure all bills are paid on time and in full.
Author: Heather Best
Tags: free annual credit report > free credit report online > free equifax credit report > free experian credit report > free transunion credit report > online free credit report