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HomeCredit ForumYour Credit Score

does it matter if you know your score?

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sdchargers_63

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 732



386 Magic Points
Subject: credit score
 
 Posted on Mon Mar 31, 2008 10:55 pm  
I din't think it was very important to know your credit score. NOW..however...I DO think it's important. For example...maybe you think your score is ONE thing and it's nothing like you thought. Also....if you are trying to 'clean up' your credit, you can 'compare' scores from 'then until now.' Hope this makes sense.
 
goodnatured



Joined: 03 Nov 2007
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Posts: 2909



538 Magic Points
 
 Posted on Tue Apr 01, 2008 10:31 am  
great points sdcharges, I know that I am trying to clean mine up and have no idea what my score is for the last two years, but I am aware of what is on my credit report, that is what is important to me right now, I know cleaning it up will raise my score.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
Laura

Laura

Joined: 21 Jun 2007
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Posts: 1408



34411 Magic Points
 
 Posted on Tue Apr 01, 2008 10:45 am  
Hi Good,

At the end of a financial year, I would rather do a score check especially when i have started my repair all by myself. The problem lies in the fact that the scores vary with the bureaus. I usually try to check on my score once in a year.
_________________
Regards,
Laura.
 
sdchargers_63

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 732



386 Magic Points
Subject: credit score
 
 Posted on Tue Apr 01, 2008 1:39 pm  
Makes sense to me, LAURA!! Good point. But..it would be nice if ALL 3 CB's would have the same thing on them. Some CA's report to ALL 3...some do not.
 
Guest







 
 Posted on Tue Apr 01, 2008 6:06 pm  
...that's why myFICO.com is 'Such a Deal'!
 
cbass1017



Joined: 01 Feb 2008
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Posts: 89
Location: PA


350 Magic Points
 
 Posted on Wed Apr 02, 2008 2:05 am  
Great post Goodnatured. I personally feel its not worth the money to check your credit score from time to time. As long as you're checking your credit reports and making your payments on time you know your increasing your credit score. Also anytime you apply for credit they have to provide you with your credit score upon your request. If the last time you applied for credit you had a low score you should probably wait atleast one to two years before trying to apply again. I'm not trying to put anyone down for checking theirs though. If it makes you feel more comfortable to know and you have the money to pay for it then there is nothing wrong with doing it.
_________________
Scott McKay
DiYCreditGuide.com
 
sdchargers_63

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 732



386 Magic Points
Subject: credit
 
 Posted on Wed Apr 02, 2008 1:23 pm  
Another point, too.......some people pay 'profeesionals' to get their Credit Reports. Or, they pay for them over the net. EITHER WAY..isn't the individual risking giving out his/her personal information ( I mean SS#, address, erc). Especially, on the net ( where they ask for a Credit Card number, etc?
 
goodnatured



Joined: 03 Nov 2007
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Posts: 2909



538 Magic Points
 
 Posted on Sun Apr 06, 2008 11:52 pm  
I know what you mean, we just assume that the sites are secure until something happens.
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Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
erb1953



Joined: 31 Dec 2007
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Posts: 631



4 Magic Points
 
 Posted on Mon Apr 07, 2008 2:01 am  
Credit affects too much these days to just ignore it.
 
fireyone



Joined: 26 Feb 2008
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Posts: 2485



18103 Magic Points
 
 Posted on Mon May 19, 2008 11:20 am  
tHATS TRUE ERB BUT i CAN SEE WHY SOME PEOPLE WOULDN'T WANT TO CONTINUOUSLY LOOK AT THEIR REPORT. IF IT IS GONA BE THE SAME THING TIME AND AGAIN, ESPECIALLY IF YOU HAVE BAD CREDIT WHY NOT LET THE DEMON LIE AND ONLY CHECK IT TWICE A YEAR.
 
Justin

Justin

Joined: 17 Jul 2006
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Posts: 297



8088 Magic Points
 
 Posted on Tue May 20, 2008 12:06 pm  
I think one should check his score at least twice a year so as to remain informed about his position. This will really help him whenever he is going for a new credit. If you find the any mistakes in the credit report, you can take steps to rectify the report in advance before applying for any credit.
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Best Wishes
Justin
 
fireyone



Joined: 26 Feb 2008
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Posts: 2485



18103 Magic Points
 
 Posted on Thu May 22, 2008 12:21 am  
Justin I totally agree with ya. I think twice a year is sufficent. One point though is if you get three free checks why not use them?
 
Justin

Justin

Joined: 17 Jul 2006
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Posts: 297



8088 Magic Points
 
 Posted on Thu May 22, 2008 11:23 am  
Actually as far as I know, only one report is free annually. If you want to check your report more that once, there are charges associated with it. So I prefer to check it twice a year.
_________________
Best Wishes
Justin
 
goodnatured



Joined: 03 Nov 2007
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Posts: 2909



538 Magic Points
 
 Posted on Thu Jun 12, 2008 1:48 am  
Justin,

You can actually get one from each of the three, so you can get three a year, I do this. I get one from one and then follow up a few months later, I get another and then a few months later I get the last one. If you get them every four months you can have the whole year covered.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
anthony

anthony

Joined: 31 Jul 2006
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Posts: 446



11206 Magic Points
 
 Posted on Thu Jun 12, 2008 5:29 am  
Hi goodnatured
Your idea is good as we can check the report thrice in a year free of charge. Recently, I have heard about a fourth Credit Reporting Agency, Innovis Data Solutions. Does anybody have any information of how it works and does its report counts as the other three major CRAs in getting credit.
_________________
Anthony Marx

A positive attitude is not achieved by turning a blind eye to the negative, but rather by responding to every situation in the most positive way possible.
You can also visit my blog
http://financewatchonline.blogspot.com
 
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