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Reply With QuoteWe decided to pay for everything in cash & elimanate ALL credit cards, thus no reason to worry about a credit score or credit. (Not that we ever had a problem)
We are on the Dave Ramsey Plan ;-)
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Check Your Credit I am going to compile a list of all the places that do a good job with helping you monitor your credit score.
I swear by having this service - it's worth a few bucks a month to protect your credit rating.
And the great thing is, there's so many places you can sign up with, that you can take advantage of multiple offers and do this cheaply.
Get All 3 FICO Scores and Credit Reports!
There's a free trial for MyFico if you click on the home page after you open the link.
EXPERIAN - Free 30-day Trial
Last edited by hotcouponmama; 02-23-2007 at 08:37:30 AM.
The crazy half of Hotcouponworld
The Shopping Cart Economist - my blog about tracking food prices
Post Content Copyright 2006-2010 Hotcouponmama @ HCW. Permission to repost is denied.
Re: Check Your Credit More and more data theft occurs everywhere, if we are not aware of problems it doesn't mean they do not exist.
Credit monitoring service well worth their fees. If you had been informed that your personal info was possibly compromised (TJMax stores, your employer, etc.) your are entitle to at least 1 year of free monitoring service.
Re: Check Your Credit We pay cash for most things too, but you'd be surprised the odd little things that might show up on your account, and you're like, "I thought I paid that" and did, but it was erroneously reported to the credit bureaus.Originally Posted by lisa89
Seems like you see those things when you go to buy a house, and most folks don't actively monitor their reports, so when the time comes and something is mysteriously there, they are forced to pay it off or lose the loan they are working on.
There was just an article in our Sunday paper last week where the guy went to buy a house, had a $300 collection that wasn't even his, but since it can take several months to go through the entire process to do a dispute, if he wanted to move forward on the house, he had to get that off there, so he was forced to pay the $300 someone else owed. Good luck going back later and trying to get that money from the collection agency by telling them you made a mistake in paying it or trying to explain the circumstances.
It's a smart precaution for anyone to do who values their ability to obtain credit inexpensively. The better your report, the better your interest rate!
The crazy half of Hotcouponworld
The Shopping Cart Economist - my blog about tracking food prices
Post Content Copyright 2006-2010 Hotcouponmama @ HCW. Permission to repost is denied.
Re: Check Your Credit I think it can be especially worthwhile to pay for a credit monitoring service, say, 6 months before you will be making a big financial decision (like buying a house, getting a car loan, etc.).
But during the times that you aren't making any big moves, you can at least get 1 free credit report per credit bureau, per year (in total, 3 reports/yr.) from annualcreditreport.com.
That is the site that was set up by the government, so it is really free w/ no strings attached. Definitely a good alternative if you don't need to see your report as regularly.
FYI, though, this site just gives you a report, not your credit score. You have to pay for the scores.
Honestly, I think we should be able to access our reports and scores for free 24/7! It is our informaition! But at least you can get it for free annually.
Re: Check Your Credit Can anyone tell me if debit cards count on your credit report?
I am getting virtually no interest from my bank so I am thinking of setting up new accounts for the $100 or $300 they offer. This will usually involve a new debit card which I will end up cancelling. Will this affect my credit scores? Does setting up new bank accounts affect my credit scores?
Re: Check Your Credit annualcreditreport.com will give you all three bureau reports once per year. You can stagger them, and get one from one of the three bureaus every four months, so that you can watch out for new bad debt or unauthorized accounts.
creditkarma.com will give you an idea of where your FICO is. The free version will tell you your total debt, and bad debt, but they won't tell you exactly where that debt is held. You have to pay for that extra information. But the free version is handy for the free approximation of your FICO.
Re: Check Your Credit But if they are on the full fledged Dave Ramsey plan, even a fake $300 collection will not affect them when they go to buy a house. They'd be paying cash when they buy anything if they are fully doing the Dave Ramsey plan. Sure, Dave has an exception for houses (15 year fixed rate mortgage with 20% down) but he still stresses that paying cash is the best option.
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