If consumers know their credit report, they are able to make timely filing of discrepancies. They can also raise alarm for any unauthorized transaction that is done in their name. It could help keep their debts in a manageable amount and prevent identity.
New York, NY (PRWEB) June 04, 2013
National Debt Relief just proved that they support the idea of credit monitoring as an important part of debt prevention. They recently published an article entitled “How To Get Free Information About Your Credit” and it aimed to provide their readers with the knowledge of how they can monitor their credit. More specifically, the article provides consumers with the data that will encourage them to make credit monitoring a part of their financial habit.
The recently hailed top debt settlement company by TopTenReviews.com observed that a lot of their clients have no idea how to monitor their credit scores. Apparently, there are consumers who failed to realize that this figure is an important aspect of a person’s financial standing in more ways than one.
This is why the company opted to publish this article to encourage everyone to monitor it - since it will cost them nothing but their time and effort. They wish to destroy the wrong notion of people that to get their credit report, they have to pay a fee. While there are sites that require payment, there are options to get free copies of this report.
The top source of free credit information is AnnualCreditReport.com. This site was put up by the government so that consumers can have access to their credit report once every 12 months without the need to spend for it. They can access three different reports, one from each of the three major credit bureaus: Experian, TransUnion and Equifax.
However, the article warns the readers that this is only a credit report. It is not their credit score which is the clear indicator of their financial standing. There is the option to get the score from the three credit bureaus but that comes with a small price. There are credit score calculators but these will only give an estimate and may not be the same as the FICO score - which is the preferred score of most lenders.
The article mentions a couple of websites that they have seen to provide a complete copy of credit reports. Although, the readers are advised that these are nothing like the government site that provides access to all three credit bureaus.
For instance, Quizzle shows a full credit report but only from Experian. This can be accessed once every six months without any charge. If the consumer wishes to see more, they will have to pay a fee. The article also states that this website can also show the credit score - but it should not be likened to the FICO score.
For consumer looking to view their TransUnion report, the article suggests CreditKarma.com as the best site to go to. The site only provides a summary of the report but it also gives the New Account Score and the Vantage Score. Again, the article warns that this is not the same as the FICO score.
National Debt Relief published all of these sites in hopes that readers will take their credit more seriously by monitoring it. The BBB (Better Business Bureau) accredited debt relief company even has a whole webpage dedicated to explaining credit scores and how it can affect a consumer’s financial life. It can be found under Tools and Tips on the homepage of the site.
The company is positive that if consumers know their credit report, they are able to make timely filing of discrepancies. They can also raise alarm for any unauthorized transaction that is done in their name. It could help keep their debts in a manageable amount and prevent identity theft.
To read the whole article, visit NationalDebtRelief.com. Search for information about debt relief and credit scores in their extensive library of articles.