Wednesday, February 23, 2011

3 Reasons Why You Need A FreeCreditScore Check

By Alan Rochford


Using a freecreditscore check is something that a lot of us forget to do. But the truth is that your credit score can have an impact on many areas of your life. A number of organizations will check your score before they choose to do business with you, including lenders, cell phone carriers, insurers, landlords and more. Using a free credit score check can be an excellent way to notice anything wrong and prompt you to take the steps to make things right. Here are three of the most important reasons to check your score.

1) It's Free: The first reason is pretty simple. Any freecreditscore service is free for you to use, so why not take advantage of that fact?! You may have to sign up to a free trial, but as long as you cancel before the free trial ends then you'll have nothing to pay. If you're in debt then this factor is especially important - and checking your credit score will often be the best way to start getting your finances back on track.

2) You're Signing Up To Something On Credit: Whether you're signing up for a loan or a service based on credit, using a free credit score check as far in advance as possible is a good way to put things right to increase the chances that you'll be approved.

Similarly, if you're signing up for a credit based service, your credit score could lead to you getting rejected if everything isn't right. If you have been rejected recently, using a freecreditscore service is essential to ensure there are no mistakes. If there are, you can dispute these and re-apply with the lender.

3) Identity Theft: If you start seeing signs of identity theft, such as collectors asking about accounts you're unaware of, then checking your credit score is important if you're going to set things straight. It's also a good idea to check your credit regularly so you notice anything unusual before it causes you any damage.

There are a number of freecreditscore services available to help you keep an eye on what's going on. It's important that you do - after all, being in debt, having your identity stolen, and being denied applications can all negatively impact your life.




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