Now we're really gonna get into the meat of it. And we're going to be talking about credit reports. Typically, credit reports are easily attainable. However, the only official place to receive a credit report from the three credit bureaus is annual credit report calm. It is not an easy site to navigate. However, it has gotten better.
You must prove your identity through a series of security questions. Hopefully you pass their test and have the ability to download the credit report into PDF format. The report you receive is not a try merge, you must download each report separately and answer the security questions separately. If you fail their security tests you will have to send off by snail mail to each of the three credit bureaus. At that point. You have to prove your identity Through a copy of your social security card, and your driver's license, please be aware of that no credit scores are given through this official report.
Now there are some spots that I consider bad places. Bad meaning not the way you're not going to get complete information. Certainly creditkarma.com is one of those. You've got credit check total calm, which is a reseller. You can go to Experian calm, true credit calm, Equifax calm. You can also receive partial credit reports through various credit monitoring services for a fee.
Those are the ones I just described above. Now the one that I use the most is credit check total calm. I'm not suggesting you should. You didn't use any one of them and they are a reseller of credit report. You can sign up and pull your credit report with a FICO eight credit score. We're going to get into that in a little bit regarding what FICO eight means you can purchase them for $1 provided you cancel within seven days.
If you do not cancel the monthly price is $24 and 95 cents. as I've stated before, another credit monitoring services certainly advertised a lot is creditkarma.com. The downside to this site and there are many is that it only pulls from Equifax and TransUnion but does not pull from experience and they do not have all the information. There always is missing information from credit monitoring services could be vital. These sites are not official and may contain information that may not be true. One of the items that may be missing is the date of last activity.
The DLA This piece of information is important for those that may have derogatory or collections that will affect the loan application. There have been many times when an underwriter for a loan will call for an item that is in collections to be paid off, in which the date of last activity makes the item beyond the statute. statute of limitations. That's another issue. If an item is beyond the statute of limitations, it is uncollectible and should not be paid off.