As part of series of articles (blogs)
regarding Credit and Credit Score, here we
With Your Knowledge and Authorization:
Anybody who you have authorized (evidence with
your signature is required) can view your credit
reports. You usually make these authorizations
when you are applying for a job, applying for a
loan, applying for a credit card, applying to
rent a property, applying for a student loan,
applying for insurance (home & car), applying
for utilities and cell phones, and similar
This enquires will have an impact and hit your
credit score. Don’t do it too often.
Without Your Knowledge and Authorization:
When another business with a "permissible
purpose" requests to see a credit report, the
credit bureau sells it to them. This could be
banks or credit card companies that would like
to offer their services or products to you and
want to make sure you meet the minimum
requirements or eligibilities.
This enquires will not have an impact or hit
your credit score..
Of course yourself. You can check your
credit reports and credit scores as many as you
wish without hitting your score. However, there
could be fees involved. Your are entitled to get
1 free credit report from any of the three
credit bureaus once a year.
HOW to overcome the problems with your credit
history and credit score?
Knowledge, education, awareness, practice and
discipline are the essential keys to being
successful on any subject. The book,
"Credit Score Tips and Tricks",
provides you information, tools, techniques to
educate yourself and manage your credit report &
credit score, and therefore manage your finances
effectively at no additional cost.
I have decided to bring and share with you,
chapters or sections of the book,
Credit Score Tips and Tricks,
as series of
articles here. This is the number 7 of such a
I also created and manage a GROUP in ActiveRain,
Credit Reports and Credit Scores, Please
feel free to join and share your thoughts and