Comments on: Basics of Credit Score and Credit Report and How often to Check http://financialhighway.com/basics-of-credit-score-and-credit-report-and-how-often-to-check/ Personal finance blog discussing investments, savings, insurance and financial planning ideas to grow wealth Mon, 21 May 2012 10:00:11 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Credit Scores - Page 2 - Monte Carlo Forum - Monte Carlo Enthusiast Forums http://financialhighway.com/basics-of-credit-score-and-credit-report-and-how-often-to-check/#comment-43116 Credit Scores - Page 2 - Monte Carlo Forum - Monte Carlo Enthusiast Forums Mon, 16 Apr 2012 09:40:13 +0000 http://financialhighway.com/?p=2686#comment-43116 [...] `pay" Hi DeRon & Member's,What Your Credit Score Says About You You know that your credit score influences decisions that others make about you regarding your finances. And your credit score is [...] [...] `pay" Hi DeRon & Member's,What Your Credit Score Says About You You know that your credit score influences decisions that others make about you regarding your finances. And your credit score is [...]

]]> By: My Boke » Blog Archive » Unemployment Tip: Get Your Extra Free Credit Report http://financialhighway.com/basics-of-credit-score-and-credit-report-and-how-often-to-check/#comment-10279 My Boke » Blog Archive » Unemployment Tip: Get Your Extra Free Credit Report Mon, 10 Jan 2011 04:07:17 +0000 http://financialhighway.com/?p=2686#comment-10279 [...] unemployed people aren’t aware of this but an extra free annual credit report is available to people without employment. This has been a right of the unemployed for nearly [...] [...] unemployed people aren’t aware of this but an extra free annual credit report is available to people without employment. This has been a right of the unemployed for nearly [...]

]]> By: Unemployment Tip: Get Your Extra Free Credit Report http://financialhighway.com/basics-of-credit-score-and-credit-report-and-how-often-to-check/#comment-9824 Unemployment Tip: Get Your Extra Free Credit Report Wed, 22 Dec 2010 12:01:18 +0000 http://financialhighway.com/?p=2686#comment-9824 [...] updates on this topic.Most unemployed people aren’t aware of this but an extra free annual credit report is available to people without employment. This has been a right of the unemployed for nearly [...] [...] updates on this topic.Most unemployed people aren’t aware of this but an extra free annual credit report is available to people without employment. This has been a right of the unemployed for nearly [...]

]]> By: Sudip Adhikari http://financialhighway.com/basics-of-credit-score-and-credit-report-and-how-often-to-check/#comment-6906 Sudip Adhikari Tue, 02 Nov 2010 02:41:32 +0000 http://financialhighway.com/?p=2686#comment-6906 While we should be careful about our credit score or report - we should also be careful about our use of the cards. While we should be careful about our credit score or report – we should also be careful about our use of the cards.

]]> By: Beware of the Hidden Costs of Relocation http://financialhighway.com/basics-of-credit-score-and-credit-report-and-how-often-to-check/#comment-6395 Beware of the Hidden Costs of Relocation Thu, 30 Sep 2010 11:31:38 +0000 http://financialhighway.com/?p=2686#comment-6395 [...] proved more challenging due to my poor credit history. With many employers routinely conducting credit checks on potential employees, when two candidates have basically the same education and experience, a bad [...] [...] proved more challenging due to my poor credit history. With many employers routinely conducting credit checks on potential employees, when two candidates have basically the same education and experience, a bad [...]

]]> By: What Your Credit Score Says About You http://financialhighway.com/basics-of-credit-score-and-credit-report-and-how-often-to-check/#comment-5057 What Your Credit Score Says About You Tue, 10 Aug 2010 11:01:19 +0000 http://financialhighway.com/?p=2686#comment-5057 [...] new here, you might want to subscribe to the RSS feed for updates on this topic.You know that your credit score influences decisions that others make about you regarding your finances. And your credit score is [...] [...] new here, you might want to subscribe to the RSS feed for updates on this topic.You know that your credit score influences decisions that others make about you regarding your finances. And your credit score is [...]

]]> By: How A Good Credit Score Can Help You [Infographic] http://financialhighway.com/basics-of-credit-score-and-credit-report-and-how-often-to-check/#comment-4483 How A Good Credit Score Can Help You [Infographic] Tue, 20 Jul 2010 11:16:19 +0000 http://financialhighway.com/?p=2686#comment-4483 [...] there are endless debates about the merits of the credit score system — especially how you build credit. However, the fact of the matter is that our economy (at least here in the U.S.) is largely based [...] [...] there are endless debates about the merits of the credit score system — especially how you build credit. However, the fact of the matter is that our economy (at least here in the U.S.) is largely based [...]

]]> By: John Richmond http://financialhighway.com/basics-of-credit-score-and-credit-report-and-how-often-to-check/#comment-4086 John Richmond Tue, 22 Jun 2010 17:19:49 +0000 http://financialhighway.com/?p=2686#comment-4086 keeping a close eye on your report is very important to avoid a nasty surprise when you need a loan keeping a close eye on your report is very important to avoid a nasty surprise when you need a loan

]]> By: Scott @ Credit Repair Services http://financialhighway.com/basics-of-credit-score-and-credit-report-and-how-often-to-check/#comment-3779 Scott @ Credit Repair Services Tue, 25 May 2010 21:39:17 +0000 http://financialhighway.com/?p=2686#comment-3779 Majority of the consumers do not regularly check their credit reports. Most people usually give their credit reports a look when they are applying for a job, a loan, or a mortgage. But ideally, you should check it once year; better yet, checking it twice a year is more prudent. This way, you get to have regular updates n your credit report and protect yourself from identity theft at the same time. You might think that every time you call to inquire about your credit, it is included in your credit rating. That is not the case, really. If you inquire about your own credit, your credit score is not affected. Inquiring about your credit is called a soft inquiry and it does not have any effect on your credit score. The main reason why you should always check your credit is not because you want to apply for a loan or obtain credit. Regularly checking your credit file enables you to detect early signs of unscrupulous data in your file. It’s the same when you want to protect yourself from identity theft. If you regularly check your credit records, you can easily detect if there are abrupt changes in your file. Majority of the consumers do not regularly check their credit reports. Most people usually give their credit reports a look when they are applying for a job, a loan, or a mortgage. But ideally, you should check it once year; better yet, checking it twice a year is more prudent. This way, you get to have regular updates n your credit report and protect yourself from identity theft at the same time.

You might think that every time you call to inquire about your credit, it is included in your credit rating. That is not the case, really. If you inquire about your own credit, your credit score is not affected.

Inquiring about your credit is called a soft inquiry and it does not have any effect on your credit score.

The main reason why you should always check your credit is not because you want to apply for a loan or obtain credit. Regularly checking your credit file enables you to detect early signs of unscrupulous data in your file. It’s the same when you want to protect yourself from identity theft. If you regularly check your credit records, you can easily detect if there are abrupt changes in your file.

]]> By: J. @ Free Credit Report Canada http://financialhighway.com/basics-of-credit-score-and-credit-report-and-how-often-to-check/#comment-2148 J. @ Free Credit Report Canada Fri, 25 Dec 2009 23:56:18 +0000 http://financialhighway.com/?p=2686#comment-2148 Excellent advice, although I think checking your credit every three months might be a little bit excessive. Every six months or so is plenty often, depending on your spending habits. It's also worth mentioning that you have the right to receive a free credit report if you have been denied credit within the last 60 days. It's worth taking advantage of this opportunity if you've been turned down for a loan or credit card recently. Excellent advice, although I think checking your credit every three months might be a little bit excessive. Every six months or so is plenty often, depending on your spending habits.

It’s also worth mentioning that you have the right to receive a free credit report if you have been denied credit within the last 60 days. It’s worth taking advantage of this opportunity if you’ve been turned down for a loan or credit card recently.

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