Free Government Credit Score Online Not Available in August 2011 – Experian, Equifax and Transunion Offer Free Credit Report
Posted on | August 25, 2011 | Comments Off
With interest rates quickly approaching levels never seen before it comes as no surprise to see many hard-working Americans seeking refinance mortgage rates under 4.5% or credit card interest rates near all-time lows. Before doing so many of these individuals will seek a free government credit score online but it is important to note that no such program exists in August of 2011.
Taking the time and effort to diligently research and financial history often prove to be greatly beneficial for individuals hoping to save money. Unfortunately, many Americans go into financial process is blind and they do not recognize that there could be errors or mistakes on a financial history report.
At the present time the federal government and FTC sponsor a free annual credit report from the bureaus of Experian, Equifax and Tranunion but it is very important to recognize that this does not include a credit score. An annual credit report simply document each and every line of credit that is outstanding on a specific individual.
Even though there is no such thing as a free government credit scores may be advisable to take advantage of the free credit report. This should help individuals recognize any mistakes or errors that could negatively affect a credit score. Some individuals may find that a credit score dropped by as much as 100 points due to inaccuracies or errors.
With this in mind it is always wise to take advantage of the credit report every 365 days. To obtain a credit score customers will usually pay between $15 and $40 depending on the service. If individuals are seeking a triple credit score than they will likely pay in the high end of this range or possibly even more.
Author: Mike Garner
Tags: equifax free credit score > experian free credit score > free credit score online > free government credit score > online free credit score > transunion free credit score