Free Credit Report Site

You all know how important a credit report and score is. It is checked when you want to get a new credit card, a car loan, a home mortgage, even sometimes when renting an apartment. It tells someone how reliable you are in paying off your loan. So a credit score or FICO is the likelihood of an individual paying back the money he or she has borrowed. Scores range between 350 (extremely high risk) and 850 (extremely low risk). This is a breakdown of what percentage of your score is affected by what:

• 35% - Previous Credit Performance
• 30% - Current Level of Indebtedness
• 15% - Time Credit has been in use
• 15% - Types of Credit Available
• 05% - Pursuit of New Credit

Following is a list of what you can do to improve your credit score or FICO:

• Make loan payments on time and for the correct amount.
• Avoid overextending your credit. Unsolicited credit cards that arrive by mail may be tempting to use, but they won't help your credit score.
• Never ignore overdue bills. If you encounter any problems repaying your debt, call your creditor to make repayment arrangements. If you tell them you are having difficulty, they may be flexible.
• Be aware of what type of credit you have. Credit from financing companies can negatively affect your score.
• Keep your outstanding debt as low as you can. Continually extending your credit close to your limit is viewed poorly.
• Limit your number of credit applications. When your credit report is looked at, or "hit," it is viewed as a bad thing. Not all hits are viewed negatively (such as those for monitoring of accounts, or prescreens), but most are.
• Credit is not built overnight. It's better to provide creditors with a longer historical time frame to review: a longer history of good credit is favored over a shorter period of good history.

 One of the best ways to help increase your FICO score is by monitoring it continuously. You can do that by paying to get your credit score. Remember that using the free annual credit report yearly will give you a breakdown of what loans, credit cards, and other information and is based on your social security number. It will NOT give you your credit score. You will have to pay for it every time to get it.

Why not use the Free Credit Report Site to have access to your report as well as your score 24 hours a day, 7 days a week. Applying is very easy to do. You just need to enter your personal information and then you are given a username and password to access your FICO anytime of the day. The best part of this is that the first month is absolutely FREE. You will be able to cancel anytime you want. If you decide to keep your account with them, you will be billed $12 every month. The report that you see online is easy to understand and you can print it if you want. You will never have to worry about changes to your data because you will be informed immediately if that happens instead of finding out about it a couple of months later.

I think that I have explained enough the importance of your FICO score, so do not delay any longer. Get the results of your score now by clicking on the link below.

FREECREDITREPORT