Having a good understanding of your Credit Rating is worthwhile, however, and if the score you get in your free online Credit Report is lower than you thought it would be, it probably worth paying the fee to find out why.
Sites that offer free online Credit Reports are apparently betting that you will want more information. Fortunately for me, I discovered my rating was higher than I had thought, so I was happy with my free online Credit Report by itself.
The service is actually interesting, however, as it allow you to track recent changes to your Credit Rating. If you are especially worried about current trends in it, it may be worth holding on to your membership there. One thing to watch for if you sign up for a free online Credit Report there might be any additional memberships added from the site that signs you up.
With so much of our economics today running on credit, it is no wonder why people hold Credit Ratings with such importance. I almost do not have to use cash anymore for anything. Next time when you are in a long line at the Supermarket, count how many people ahead of you pay with cash. Repeat this little experiment a few times and you will see what I mean.
Therefore, it is a good idea to keep a close watch on your personal Credit Rating. When was the last time you do your credit check? If you cannot remember, it is probably a good idea to get a free online Credit Report now. Generally, you just get your overall Credit Score from Experian, without any specific records. To get more details, or to see your score from the other Credit agencies, you have to “upgrade” your account, which of course costs your money.
There are a number of sights to get free online Credit Reports from, and most of them are very easy to use. I recently query freecreditreport.com and I was more or less satisfied. It is true, you do get a free online Credit Report, however it does not have many details in it.
These days a good credit rating is more important than ever. Having a bad credit rating is the modern day equivalent of being leper; you will be shunned and rejected by people and businesses everywhere because of the bad rating from within the consumer reports.
For example, freecreditreport.com automatically signs you up with a Credit Service called “Triple Advantage”, and while your initial membership is free, if you don’t cancel it within a month you’ll start getting regular monthly charges.