Free credit report score Eureka

go here http://www.freecreditreport.com/ Click on get yours now... you dont have to buy anything, even though they will try to sell you stuff... Buying a Home Comments (3) It’s not that we expected our credit scores to be perfect.

But when free credit report score Eureka my husband and I went through the pre-qualification process to buy a home we found out that identify theft had lowered Matt’s credit score, and a mistake with an automatic transfer of his car payment one month had also negatively affected it. My score was pretty good, but by itself it wasn’t enough to get us more in the house price range we were hoping for at that time. Turns out we aren’t alone in facing these kinds of credit errors. Public Interest Research Groups, a consortium of advocacy groups, reports that 22% of credit reports list the same loan more than once. About 79% of credit reports contain errors – and 25% of credit reports have errors serious enough to result in your credit application free credit report score Eureka being rejected, according to the PIRG data. free credit annual report The experience showed us how important it is to check your credit score and credit report early on in the home search process so free credit report score Eureka that you can address any errors or make improvements. This was the first time either of us had pulled our scores and reports and really looked at them closely. There’s definitely a feeling of nervousness that takes over when you’re waiting for your loan officer to show you your score and report; it’s almost like getting the results back on a test you aren’t so sure you studied enough for. Your credit report gives lenders an overview of your credit history. access free credit report

It lists the types of credit you use, how long you’ve been using them, if you stay current with your bills, and plenty of other information. Your credit score is a number that is generated from the information in your report and basically tells a free credit report score Eureka lender how much of a risk you are with repaying debt. As a borrower, you want to make sure you’ve got the highest credit score possible so that you can free credit report score Eureka get the best mortgage rates and so that you also free credit report score Eureka know how much house you can afford. In addition to the identity theft issue my free credit report score Eureka husband faced, we also found out about the automatic car payment error and how it affected Matt’s score. The payment failed to go through one month, and Toyota reported it to the credit bureaus, even though Matt  made the payment as soon as he realized what had happened. check free credit score In addition to that, found out much later, when we were about to close on our house, that my credit report reflected an incorrect date of separation from my graduate program, which impacted our debt-to-income ratio, another factor free credit report score Eureka lenders use to determine your loan amount. The good news is that we were able to raise the amount we were pre-qualified for over time by addressing and fixing the errors on our reports.