Each of the three credit bureaus – Experian, Transunion and Equifax – maintain separate credit histories and credit scores for each consumer. It’s important to check your credit reports at least once a year to ensure all information is accurate and that no one else is using your credit or identity. You can obtain a free credit report from each bureau once a year at www.annualcreditreport.com. Credit scores are available for an extra fee, which is likely between $5 and $10 per credit bureau.
Tips to Improve Your Credit
Could your credit history use a boost? Here are five tips to help you get back on track:
- Pay every bill on time.
- Pay more than the minimum amount due.
- Pay down balances and charge less.
- Don’t open or close any accounts.
- Simply wait. Most negative credit history will drop off your report after seven years.
