How to Create a New Credit Report

With a majority of your lager purchase relying on loans (car and home), it is important to stay up to date with your credit score. The higher your credit score, the more likely you are to be approved for a loan and the lower the interest rate is going to be. It is important to create a new credit report once or twice a year to know exactly what is going on with your score and if there are any mistakes present.

Instructions

1

Navigate to a site such as "AnnualCreditReport.com" or "Equifax.com." These are two sites that provide free annual credit reports without asking you to sign up for a service. You may have seen advertisements on television for a free credit check Web site, but these sites require you to sign up for a monthly service before giving you the credit report.

2

Select the state you are in and click "Continue" once you have arrived at the site. A new page is now going to load.

3

Type in the asked information including your name, current address, Social Security number and phone number. Submit the information and in a moment the site brings up your credit score.

4

Look through your credit score. It may be helpful to print off the report. Do this by clicking "File," followed by "Print."

5

Sign off of the site when you have finished with your new credit report and clear out your Internet history. Click "Internet Options" in Internet Explorer, followed by "General" and "Clear History." In Firefox click "Tools," "Clear Private data" and finally "Clear Private Data Now." This removes the history of you visiting the site and the chances of another individual coming across your credit information.