How do I get my free credit report? And what is the difference between it and a paid for one?
I am wanting to see where my credit is, and work on repairing it. If any one can help me figure this out I would appreciate it and what the difference the free and paid one has.
To get your free credit report go to http://www.annualcreditreport.com You can access this once per year, and I think everyone should do it!
The only downside to this is that you will not get your credit score. Unfortunately you will have to pay for the credit score. Most people want to know their credit scores.
The benefits to pulling your credit report is that you can go over it with a fine tooth comb and make sure all information reported on it is correct, and that there are no errors in your report.
A paid site you will usually get your credit score, not a FICO score, (Unless you pay to get a FICO score from http://www.myfico.com ) the credit score from the paid site will be based on the credit scoring system from which ever source you bought your report, or reports from.
Currently there are primarily two main types of paid reports. 3 n1 Report and score, where you pay a one time fee, and get a snap shot of all three credit reports, and where you stand at that point in time.
Or you can enroll in a credit monitoring program. These will give you access to your reports, and scores at anytime and alert you to any changes to your report. Very helpful for monitoring your credit, and protecting against ID fraud. The down side is this is a recurring monthly fee.
