If you weren’t already aware, the government require that the three Credit Reporting Agencies (Equifax, Experian and TransUnion) provide a free annual credit report on request. This is mediated through the Federally-appointed site: www.annualcreditreport.com. Although reviews of the site are mixed, it is the only legitimate source for your annual report so don’t be fooled into finding another route – you should at least be able to request a report through the mail.
Under some circumstances you may even be eligible for a further free credit report (recent unemployment, errors on your file, etc.) and you can always ask for additional reports for a fee.
What is on the annual credit report?
Your annual credit report will show you exactly what your lenders will see when assessing applications for credit. It will detail all of your credit agreements, including mortgages, loans and credit cards, and will highlight any outstanding or late payments. Your report will also include your bank account details and bill payment record for utilities, cellphones and other services. Employment and address details are also included.
How to get a better credit score
Achieving a better credit score is essentially a matter of removing any erroneous items from your credit file, making all of your future payments on time and sensibly managing a reasonable number of lines of credit. However, this process is not always as straightforward as it sounds and can involve protracted disputes and some clever juggling of finances.
Fortunately, Speed Fund can set you on the right track to a better credit score. Speed Fund will work alongside Better Qualified, credit repair specialists, to provide you with a personal representative. They will work through your credit report with you, bringing their considerable experience to bear on your situation. The sooner you contact Speed Fund the quicker we will be able to act on your behalf and set those wheels in motion.