How to Get My Credit Beacon Score

Credit scores play a large roll in determining whether a loan will be approved and at what interest rate. There are three main credit reporting agencies: Transunion, Experian and Equifax. The FICO score is commonly used when applying at a lender for mortgages, car loans, unsecured loans and credit cards. Each credit reporting agency has their own formula to determine the FICO credit score. The Beacon score is the FICO score Equifax provides to lenders.

Instructions

1

Go to annualcreditreport.com. This site allows you to access your credit report from all three major credit reporting agencies (Transunion, Experian and Equifax) but will not give you your credit score. Fill in your personal information. If you have resided at your current residence less than 2 years, you will be required to input your previous address.

2

Select if you would like to get your credit report from all three credit reporting agencies or just one. The Beacon credit score is provided by Equifax. By selecting only Equifax, you will be transferred to their website. Equifax will verify your information and ask security questions, such as giving you a list of who your mortgage is through and cities you have lived in, to verify your identity.

3

Review the report. Click on each account type (Mortgage, Installments, Revolving and Other) for accuracy. Review all open and closed accounts for accuracy. A report with errors will have an impact on your score. On each creditor account there is a link to show details and you can find contact information for each. If there are errors, contact with the creditor in question before requesting your credit score.

4

Select the option to pay for your score if there were no errors on your report. The costs through Equifax is $7.95 for this one time use.