National Consumer Credit Bureau and Business Credit Reporting Services:
Equifax Credit Information Services
PO Box 740241 Atlanta, GA 30374-0241
(800) 685-1111
www.equifax.com
Experian
PO Box 8030
Layton, UT 84041-8030
(800) 520-1221
www.experian.com
Trans Union Corporation
PO Box 390
Springfield, PA 19064
(800) 916-8800
www.transunion.com
When making an inquiry include the following information
with your request:
- Full name (including Jr., Sr.)
- Complete addresses for the last 5 years, including zip codes
- Social Security number
- If married, spouse’s full name
- Year of birth
- Copy of driver’s license or current billing statement
Know Your Credit History and Score
- Your credit score is a formulated figure that largely determines your eligibility for credit and the quality (rate and terms) of credit you are offered.
- Credit score factors include:
Payment history, amounts and types of outstanding debt, length of credit history, recent credit sought/gained and types of credit in use.
Know Your Credit History and Score
- FICO scores range from 300 to 850.
- The higher the score, the lower the predicted credit risk for lenders.
- The better your FICO score the more money you save
For example, on a $216,300 30-year, fixed-rate mortgage:
FICO® Score Interest Rate Monthly Payment*
| 760-850 | 5.93% | $ 1,285 |
| 700-759 | 6.15% | $ 1,316 |
| 700-759 | 6.33% | $ 1,341 |
| 660-679 | 6.54% | $ 1,371 |
| 640-659 | 6.97% | $ 1,433 |
| 620-639 | 7.92% | $ 1,513 |
Difference between top and bottom score represents $82,080 in interest payments.
*As of March 22, 2006 www.MyFICO.com -
Know Your Credit History and Score
Steve Rhode, president of Myvesta, a nonprofit consumer-education organization says, each time you open a store credit card, 20 points are taken off of your credit score.
Source: Bankrate.com
Understand What Your Credit Score Means
As you improve your FICO® scores, you pay less when you buy on credit - whether purchasing a home loan, cell phone, a car loan, or signing up for credit cards.
