The three major credit bureaus TransUnion, Experian, and Equifax are required by federal law to provide you with a free annual credit report. You have the option of getting all the three credit reports at the same time, or you may also order them individually as per your need. If you choose to order all three reports at the same time, you have the opportunity to compare them all and verify information. Be aware that, if you order all three at the same time, you may not order your free reports again for a full calendar year.
Those choosing to order the free reports in a staggered manner will be able to track and verify new information like accounts and loans being added to the reports. Once you receive your credit report, look out for these details:
Personal information
Check if your social security number, birthday, employment address and status etc are correct.
Inquiries
This lists everybody who has reviewed your credit report in the past two years. Check for its accuracy. A credit check by a lender or a landlord is called Hard Inquiry, this also shows up on your credit report.
Credit information
See whether details about bank and credit accounts, credit limits, loans, balances and credit history are correctly mentioned.
Public records
Collection agency action, bankruptcies, foreclosures and lawsuit details are mentioned.
Account history
The bureau would have mentioned your payment history, the status of all real estate, installment and revolving credit accounts.
If any of the information is incorrect, as a borrower, you may reach out to the credit reporting company or the concerned business. In case of any discrepancies, provide the credit bureau with a written statement pertaining to the information under dispute. The bureau then opens an investigation with the particular creditor and upon completion of the same, a report of the outcome along with an updated copy of your report is provided. In case the dispute is found to be favorable to you, the creditor provides updated information to all three credit bureaus.
Ordering your free credit report also allows you to identify if you have been a victim of identity theft. In that unfortunate case, file a police complaint.
If your request for a free credit report is denied, contact the credit reporting agency (CRA). Often times, they require a missing information from you or rectification for an incorrect one on your application to provide you with a free credit report.
Getting your free credit report and knowing your score, is the first step towards building a good financial health.
The most crucial part of getting a successful refinance mortgage loan is first getting a good lender. Many home owners wonder if switching to a new mortgage rate will to save them some money. A few others are hesitant to do so as one can never be sure of the mortgage rates and refinance mortgage loans can be a tricky thing to get into. Here are a few steps to getting a successful refinancing mortgage loan:
Silver has always been considered a good investment option. Individuals choose to invest in silver with the hope that its price might increase in the future. If you are looking to purchase silver, but are not sure what to invest in, here are three of the best-selling silver products for you to choose from.
The type of silver instrument you choose to put your money in may differ from one investor to the other. For small investors who do not intend to sell silver, the best silver investment may be in the form of coins. It also allows you to accumulate silver as a form of wealth for a long period. Individuals who are only concerned about making money with the purchase and sale of silver tend to pick the 5kg silver bars. They are professional investors who are not concerned about the minor commodity price fluctuations. Further, 1 kg silver bars are considered to be the perfect investment option for small and large investors alike. The best feature about them is their ease of use and convenience of storage.
The BMW 5 Series is among the best selling models of the company second only to the 3 Series. The first 5 Series model was launched in the form of a sedan. In 1991, the station wagon style was introduced. Finally, in the year 2009, the 5 Series Gran Turismo was launched. BMW 5 Series recently entered into the seventh generation with the release of the BMW G30. A few versions of the 2017 BMW 5 Series model are:
Apart from these, there are various other options available in petrol and diesel variants such as the 530i sedan (petrol), 520d xDrive, 530d xDrive, 540d xDrive (diesel). All in all, the BMW 5 Series G 30 series is better than its predecessor–F 10 series in every aspect. From performance to design to efficiency, it offers a fascinating driving experience.