Free Credit Score is Good Karma
January 22nd, 2012 Categories: Real Estate News
If you’re interested in knowing your credit score, get your once-yearly credit score free from the three major credit-rating agencies.
Trans Union, Equifax and Experian will provide you a free credit score through the Annual Credit Report site. I’ve found the site to be a bit clunky, but if you have some time, you can work your way through it.
When you’re getting ready to buy your next house, a good credit score is vital. Not only a good score, but an excellent one. If you’ve already received your free reports from the ratings agencies, or if you’d like an easier way to access your score more frequently, then sign up for your free credit score at CreditKarma.com.
Credit Karma offers free credit reports and free credit monitoring. Most banks and other web sites charge a monthly fee for this service, but the cost of using Credit Karma is enduring a few ads on their page. Warning, some of those ads will be targeted to you based on your score and other information you provide.
Keep track of your credit and credit score. It’s a valuable commodity when you need to borrow money. Just remember that there is good borrowing (real estate) and bad borrowing (credit cards) and your score will definitely reflect what type of borrower you are.
Gretchen Faber is a Denver real estate broker with over 16 years of local real estate knowledge and experience. Contact Gretchen to discuss local real estate questions, or check out GretchensDenver.com to search for local homes for sale.
Great advice and thanks for the CreditKarma.com tip. I agree the other credit websites are harder to use.