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How to Check Your Credit Score for Free?

By Sally Maison
Published: Monday, November 18th, 2013

According to Fair Credit Reporting Act, credit reporting agencies and bureaus in America are required to provide your credit score at least once every 12 months. Since your credit score has a huge impact on your financial life, the law provides you the opportunity to review your report annually, without any cost. Your credit score determines how credit worthiness – whether you are eligible to get a loan or credit from bank or financial institution. If your credit score is fair or good, it implies that you are not much into debts or are repaying your credit regularly, without any fail. On the other hand, a poor credit score represents your frequent credit buying behavior, non-repayment of debts, etc, which diminishes your credit worthiness.

However, often due to unscrupulous activities of the creditors or erroneous and ambiguous data, your credit score may suffer badly. Hence, experts recommend that you check the credit report at least once in a year for omissions, errors, ambiguity, and other inaccuracies that might be preventing your score to be accurate and fair. Since FCRA now makes it mandatory to provide credit scores for free at least once in 12 months, it won’t be too difficult to have one mailed to your address, or you can also view your score on the Internet. To check your credit score for free, it is important to provide your current mailing address, phone number, and Social Security Number.

Instead of getting a credit bureau score, it is recommended to have your FICO credit score, which provides accurate and comprehensive information about your credit report. Find a reputable company who is renowned for providing original and accurate FICO credit score. You can either contact them via telephone to have a free credit report mailed to your address or visit their website to view your credit score. Alternatively, you can also choose to get your free credit score from one of the credit bureaus – Equifax, TransUnion, and Experian. If you are planning to get a loan or credit card, you might be interested in knowing your credit score. However, it’s a soft inquiry and wouldn’t hit your score badly.

Since frequent enquiries can badly affect your credit score, it is recommended that you check your report only once in 12 months, unless required otherwise. Also monitor and control your expenses so that you have fewer debts to ensure a stress-free financial life.

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