What Is Free Credit Check and Why You Should Try It?

One of the best services available to the US citizens is the ability to check their credit scores free. You might think free credit check is a marketing term with strings attached to it, but that’s not true. You can perform a free credit check with ease and know where you stand in terms of your credit condition on any given day. But how do you check the credit score? Do you have to go somewhere and submit an application to get the report? Now that you have internet, you do not have to do all of that. Checking your credit report is quite easy now.

Free Credit Check – How to Do It

So, it might seem as though a free credit check is something challenge, but reality is quite the opposite. If you have filled an online form to buy a car or to schedule a service, you already know the process. You have to fill out a form on the internet to get your credit report. When you opt for the credit check option, you will land on a page where you will have to provide your personal information. You will have to enter your first name, last name, and your middle name including any suffix that you use. You will also have to enter your physical address correctly.

In some cases, you will be asked about the purpose of pulling your credit report. Make sure you are choosing the right option here as well. You will then submit your application and wait for the report to get to you. When looking at the report, you have to keep in mind that this is how your lender sees you.

At no point while submitting the application to get a report should you be asked for your credit card information. You must not forget that you are going for free credit check, and providing credit card information does not make sense when the service is free. You will also notice that the websites are clearly telling you about the impact of checking your credit score. They almost always have a note that tells you how such a free credit check does not hurt your credit score in any way.

Why Use Free Credit Check

There are many reasons why you should take advantage of the free credit check services available on the internet. The first thing is that these services are provided by the major credit bureaus that provide the credit scoring service. What it means is that this service is not a gimmick or something to make you spend your money. It is a valid service and can benefit you in many ways. Let’s explore some of the most crucial reasons why free credit check should be used.

Do Not Listen to the Lies

There are loads of companies on the internet that will promise to fix your credit score for you. The thing is, you are the only person in the world who can fix or destroy your credit score. No company can do anything on your behalf that you can’t do. There are lawyers who promise to help you with your credit. Yes, they can help you in one way but their treatment of your credit score revolves around any erroneous entries in the reports. They can request the credit bureaus to fix those errors but the results are not miraculous. You will not suddenly wake up in the morning with a perfect credit score.

So, before someone tells you a hundred things wrong with your credit score, it is best that you check the score yourself through free credit check service and find out about your credit condition.

To Know When to Apply for Loan

A free credit check can help you decide when to get your next loan. You have to know at this point that certain records stay on your credit report for a specific duration. Some will stay for a couple of years while others might be there for up to seven years. For example, if you were late in making a payment on your credit, that payment will stay on your credit score for seven years. By checking your credit score, you can find out when a particular entry on the record is about to go away. You don’t want to go to a lender when there is a big missed payment on your record still. You might have to wait a little to apply for loan but you will benefit from this in the long run.

In a similar fashion hard inquiries might stay on your record for up to two years. Using the free credit check service will help you know these facts.

To Take the Right Start

Credit score is not just for people who have missed their payments or have had a bad time with their credit. In fact, you should take advantage of free credit check right when you are an adult and your credit history starts. Many youngsters are under the impression that they start with a perfect credit score. That’s not true because that would be sort of unfair. How can you have a perfect credit score when you have not even created a credit history? At the start, your credit score is resting in the middle somewhere. Any missed payments would put your credit score lower than you expected.

A free credit check will give you a quick idea how much of an impact a missed payment or bankruptcy will leave on your credit score. You can then plan accordingly and make sure you don’t end up in a bad financial situation.

Bottom Line

In a society where your credit score tells how easy or difficult your life will be, a service like a free credit check is nothing less than a blessing. You can see how the lenders see you without spending a dime. Not to mention, it does not matter how many times you perform soft inquiries into your credit report, there will be no impact on your score. However, you have to make sure that you use a reliable online service for free credit check because you have to provide your personal information while doing so.