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Free Annual Credit Report
Do you know what is in your credit report? Your credit
score affects
everything from the
premium you pay for insurance, the interest rate
you pay on your
mortgage and loans, your ability to land a new job,
and many other
factors which may lead to extra cost for you and
your family.
Now you can take advantage of a new federal law that
entitles you
to a free annual copy
of your credit report from each of the three
major credit
reporting agencies (Equifax,
Experian,
and TransUnion).
To
get your free copy go to
www.annualcreditreport.com and
click on
one of the three
agencies; and complete your request on-line. Also,
you can request your
free report by phone at 1-877-322-8228 or
through the mail at:
Annual Credit Report Request Service P.O. Box 105281 Atlanta, GA 30348-5281 Once you obtain your reports you should immediately correct any errors! If you do not understand something in your credit report, contact the SECU Loan Department at 735-3571 for assistance. If you want to improve your credit score, follow these helpful tips: ▪ Pay your bills on time. Even though you may have slipped in the past, don’t be late in the future (starting now). More recent late payments are often more damaging to your credit than older ones. ▪ Clean up any collection accounts. Make sure that all collections are cleared and listed as paid. Also, clear any tax liens or other damaging items. ▪ Don’t max out every credit card. Credit scores consider the overall amount of credit you have available relative to the amounts you owe. ▪ Clean up any credit cards which have been cancelled for more than five years. You should keep the number of your credit cards to four or five max. By taking time now to clean up your credit report it will allow you to put your best score forward. It will save you the hidden cost caused by items in your credit report which lower your credit score. |