Credit report free no credit card Corpus Christi

Here's an example - US Bank uses Equifax, credit report free no credit card Corpus Christi Wells Fargo Bank uses Experian and Honda Finance uses Trans Union. Each assigns a credit score, based credit report free no credit card Corpus Christi on the history in your credit report, which determines if you'll get the credit you're wanting....and what interest rate you'll end up with.

Credit Scores are generally broken down as follows - 700+ Score - you're considered Tier 1 - considered excellent by lenders and typically offered the best rates. 650 - 699 - you're considered Tier 2 - considered good by lenders and credit report free no credit card Corpus Christi typically offered interest rates 1% - 4% higher than Tier 1 borrowers. 600 - 649 - you're considered Tier 3 - considered fair by lenders and typically offered rates between 8% and 12%. 550 - 599 - you're considered Tier 4 - considered poor by lender credit report free no credit card Corpus Christi and typically offered rates between 13% and 22%. government credit report 350 - 499 - you're considered Tier 5 - considered very poor by credit report free no credit card Corpus Christi lenders and typically offered interest rates similar to what the Mafia lends at. Recently, I've been seeing a lot of advertising on the Internet and TV offering to provide you a Free Personal Credit Report. Heck, there's probably 200,000 Web Sites that make that offer. Ok - listen carefully - almost 99% of those ad's are a crock. There are only two ways to get a FREE Credit Report. The second way is to wait for your once-a-year window to request your Free Credit Report. This is a newer program just recently put in place (2005) which was mandated by the Feds. free credit report by law

The Web Site you need to visit to see if it's your time to get Free Credit Reports is Annual Credit Report.com. Whether you can get the Freebie Credit Report now or not, there is still one very, very important piece of data missing....

You get the Free Credit Report....without a Credit Score. You get only half the information you need to truly understand what's up with your Credit. That's like ordering a King Cut of Prime Rib and getting the Petite Cut. Whenever you apply for credit, the credit report free no credit card Corpus Christi first thing the lender or creditor does is pull your Credit Report....and find your credit score. The lender then knows what the score is and begins to make his or her decision regarding your request and the terms that will be offered to you. Here's a real-life example of what happens in the U.S. Let's say you're looking to purchase a new car - it's a very popular sedan that currently offers Manufacturer Financing of 2.9% for 60 months. credit expert You go through the entire buying process, finally agree to a price and are ready to finish your new car purchase You then give the Dealer all of your personal information and they run a credit report. Then the Salesperson walks slooowwwly back to where you are sitting. He says I'm sorry, but your credit score doesn't qualify for the 2.9% financing. Every day, thousands of folks are absolutely shocked when the salesperson tells them they don't qualify for the loan they wanted.