Free credit report gov Illinois

This means that no one has ever reported me for free credit report gov Illinois late payments, unpaid debt obligations, etc. It shows mortgage lenders that I have a history of paying back my debt obligations. Obviously, this is something the lender wants to know. And even if they don't review the individual line items in my credit reports, this positive trend will show up in my credit score. In fact, your payment history affects your FICO credit score more than any other single factor. For example, my Equifax report said my payment history was very good. Some of my other categories were labeled as above average. But when I checked my Equifax credit score, I found that it was in the excellent category. It was close to 800, which is an excellent credit score by any measurement. I just want you to know how important your payment history is when it comes to your FICO score. I was free credit report gov Illinois rated as above average in other categories, but my payment history got a higher rating of very good. This lifted me up to the excellent credit-score range. annual free credit report This is a big deal when applying for a mortgage loan. Having good credit will increase your chances of getting approved for the mortgage, and free credit report gov Illinois it will also help you secure a lower interest rate. So not only do you get the loan, free credit report gov Illinois but you also save money by paying less interest on it.

She checked all three of her reports as well, and she came across a negative item that appeared on all of them. We were surprised by this, because we are pretty anal about paying our bills on time. We examined the report and found out that Capital One had reported her as being free credit report gov Illinois late on some credit card payments. check online instantly free credit report She started off with a slew of colorful phrases that I cannot repeat here. When she was done with that, she reminded me of a problem she had with Capital One in the past.

Long story short, she had called to close an account, and they tried to stick her with some free credit report gov Illinois interest charges after she'd closed the account.

She did the diligent thing by getting her current free credit report gov Illinois balance so she could close the account properly.

But then a couple of weeks later, she logged into her account to make sure it was closed and found that there were various interest charges and penalty charges.

This is a game credit card companies used to play when their customers would try to close an account. I think free credit report gov Illinois the Credit CARD Act has since made this type of thing illegal, but don't quote me on that. As a result of this one negative item, my wife's credit scores were lower than mine.

Late payments and missed payments can really hurt your scores. check credit score Granted, this was the only negative entry on a long credit history, so it didn't cause a lot of damage. But it still bumped her from the very good category down to the above average category. And that kind of thing can result in a lower interest rate on the mortgage loan. So she disputed the error as soon as she found it, to try and have it purged from her reports. The details of our credit histories are not the focus of this article. The point I'm trying to make is that you need to check free credit report gov Illinois your credit reports at least a month before applying for mortgage loan.