In difficult economic times and with the credit market getting tighter and tighter, it is important to manage your credit and finances very carefully. One of the best ways to do this is to keep track of your credit rating. A key component is your credit score. You can get your free credit scores on line from many companies on line. You have to be careful when dealing with some companies because there is a distinction between your free credit report and your free credit scores. The credit report lists your ผลบอลสด creditors, payment history, status of your loans, and any derogatory reports from the companies who gave you credit. This report does not contain any scoring. You can obtain one free report per year from the federal government. Your credit scores are completely different. The scores are calculated by reporting agencies based on your credit report. These scores are available to any company you are asking for credit from. When evaluating where to get your financial information from, be careful to read closely as to whether the company is offering free reports or scores.

Another consideration regarding free scores is that your overall score is a combination of the scores from the three major credit bureaus: Experian, Trans Union, and Equifax. Most companies look at all three scores to come up with a composite of your overall credit worthiness. Many sites will offer a free credit report, but not free scores. Many times you will be given one score, but have to pay for the other two. They also increase the pressure on you to buy by emphasizing that bad information could appear on one credit report and not on others.   The slick marketing appeals could make your free reports actually quite expensive.

Another tactic that marketers use in the free credit reports game is to emphasize that information on your report can change at any time. They use this strategy to sell monthly memberships that keep track of any changes in your score. The problem is that most people’s scores do not change all that quickly. Only very financially active people are really in need of constant updates or even monthly ones. The average consumer would be fine checking once or twice a year. Although it is important to take control of your credit, the marketing technique is to promote paranoia. People feel that they leave themselves vulnerable to erroneous derogatory items if they aren’t constantly checking. In truth, mistakes are made by the credit bureaus, but they are relatively rare. 

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