With identify theft a constant threat, you should periodically check your credit score, especially before applying for a loan. You can get free reports from all three of the main credit reporting companies listing your credit history. A credit score is different, however; it is a three-digit number from 300 to 850 that gives lenders an idea of your previous bill-paying history and outstanding debt. The higher your score, the better loan terms you can negotiate.
A credit report is free; a credit score is not, and will cost around $20 to obtain. However, you can order it easily and safely.
Ordering Your Credit Score from Credit Bureau
You will want to contact one of the credit bureaus directly to purchase your credit score data. You can do this by phone, website or mail. Their contact information is:
1) Experian
1-888-322-5583
www.experian.com
P.O. Box 2002
Allen, Texas 75013
2) Transunion
1-800-888-4213
www.transunion.com
P.O. Box 1000
Chester, Pennsylvania 19022
3) Equifax
1-800-685-1111
www.equifax.com
P.O. Box 740241
Atlanta, Georgia 30374-0241
Requesting Credit Score From Mortgage Lender
If you are shopping for a mortgage, you may be able to save money by requesting this information from the mortgage company. If they use your credit score in determining if you are worthy of a loan, they must give you a copy of this information, as well, at your request.
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