Monday, February 27, 2012

How to Get Your Beacon Score Online

A Beacon credit score is the name of your credit score from Equifax. Each of the three credit bureaus (Trans Union, Equifax and Experian) has different names for the credit score it provides; however, each score is derived from the Fair Isaac model. This ensures consistency in the way items on your report affect your credit score. Each year, you are entitled to a free credit report from annualcreditreport.com. While this report does not include a free score, you have the option to purchase one from Equifax or any of the other credit bureaus.

Instructions

    1

    Navigate to the Equifax website.

    2

    Select a credit score product. You may select a monthly subscription product or a single-use product. Monthly subscriptions may offer score updates or scores from all three credit bureaus. Consumers who monitor scores in preparation for lending or similar activities may consider this option attractive, while consumers who simply want to know a current score may select a single-use product.

    3

    Click the "Buy Now" button.

    4

    Enter your personal information. This includes your name, address, Social Security Number and date of birth. Click "Continue".

    5

    Enter your payment information.

    6

    Answer verification questions. Equifax pulls information from your credit report to verify you are requesting access to your account. Examples of verification questions may include prior address verification, monthly payment obligations or the names of companies you have current or prior accounts with.

    7

    View your product online.

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