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Do You Know How Many People Show Up At 3 Bureau Credit Score | 3 bureau credit score

If you've been reading the financial section of a newspaper for any amount of time you've probably seen advertisements from the three bureau credit score companies. These companies have been advertising their services in order to convince you that you should pull your credit. What they don't tell you is that you can pull your own credit score and you don't need anyone else's opinion to do it.

You see, creditors only pull your report if they think there is reason to do so. They pull your report in order to discover if you've made any mistakes on your report. Mistakes like charging items that you didn't order and therefore aren't responsible for. Errors like missing information or wrong information. Any of these things can cause a creditor to deny you credit.

The problem with having your report pulled by these agencies is that it's not really a guarantee that the creditor will deny you credit. If they do, then you've wasted your time because it's not likely that they'll approve you. They might do so just to spite you and make themselves look good in the eyes of the lender. So even though there is a possibility of them denying you credit, there is also a chance that they will approve you.

But what if you don't have your credit report? Well, you should still have your credit score because it gives you an idea of your credit risk. It's important that you know your score because lenders use your credit score in a lot of decision making processes. For example, they'll check with the bureau to see if you're paying bills on time and whether you've defaulted on a loan. The lender will use this information to determine how high of a risk you are and therefore what interest rate you should be offered.

There's nothing whatsoever wrong with wanting to get your credit report. After all, it's your right as a consumer to see what your credit score is and if you have errors on it then you should have them corrected. It's also your legal right to dispute incorrect information on your credit report and to ask for a change. Lenders would have to spend a lot of resources to go through all of those disputes. So it's really in their best interest to give you the benefit of the doubt.

So what can you do to raise your credit score? First of all, you must not make a lot of default accounts. Make sure you pay your bills on time. And while you're at it, work on paying off those high balances you have on your credit cards. This is actually a very good thing because it will show lenders that you're a person that can handle credit and that you're a responsible borrower.

There is one other thing you can do to raise your credit score. The three major credit bureaus, Transunion, Experian and Equifax, will allow you to see your credit report online for free once per year. All you have to do is to visit each of these websites, access your report and check for any errors. After you've done this just once per year, you could easily raise your credit score to about 600 points or more.

There are probably more things you could do, but this will give you a starting point. And once you know what to do next, it will be a lot easier to raise your credit score. You can check online for other tricks you can use to raise your credit score. But the sooner you get started, the faster you'll save money and avoid paying high interest on bad credit loans. Good luck!


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