Clean Credit Reports, your credit report contains information about where you work, live and how you pay your bills (On time or not). It also may show whether you've been sued, arrested or have filed for bankruptcy with in
last 10 years. Companies called consumer reporting agencies (cra) or credit bureaus compile and sell your credit report to businesses all over
world. Clean Credit Reports, many financial advisors suggest that you periodically review your credit report for inaccuracies or omissions. This could be especially important if you're considering making a major purchase, such as buying a home. Checking in advance on
accuracy of information in your credit file could speed
credit-granting process, clean credit is a must.
Because businesses use this information to evaluate your applications for credit, insurance, employment, and other purposes allowed by
Fair Credit Reporting Act (FCRA), it's important that
information in your report is complete and accurate.
Whenever you apply for any type of credit or financing, a credit report is pulled from at least one of
three major credit bureaus. You want a clean credit report to be pulled. While there are hundreds of smaller credit bureaus around
country, virtually every credit bureau is affiliated with either Experian, Trans Union, or Equifax.
Getting Your Clean Credit Report If you've been denied credit, insurance, or employment because of information supplied by a credit reporting agency,
FCRA says
company you applied to must give you
agency`s name, address, and telephone number. If you contact
agency for a copy of your report within 60 days of receiving a denial notice,
report is free. In addition, you're entitled to one free copy of your report a year.
If you simply want a copy of your report, call each credit bureau listed since more than one agency may have a file on you, some with different information.
The three major national credit bureaus are: