Want FREE Credit Reports From The Big Three?

[Bwana]

Want to check to make sure there isn't any thing funky on your credit report with no strings? I just got done with this myself. It's free once a year and isn't one of those BS pages that wants you to sign up for a 30 day gig and give them a credit card. It's all free! Just click here, it only takes a minutes or so to get the ball rolling.

Cheers,

Bwana

https://www.annualcreditreport.com/cra/index.jsp

[FloridaMan88]

I pay for Lifelock and Free Credit Report.com (which really isn't free) for piece of mind

[Sure-Oz]

i heard life lock effed up on personal security, there was some article on it i saw doing a google search

[smittysbar]

Thanks guys. This is a very important thing to do.

6 years ago it took me about a year to clear up some crap that got thrown on my credit. Two people (with very bad credit) some how ended up on my report. It was a ****ing nightmare, and it happened to be when I was trying to buy the bar. Luckily the banks I deal with know me good and knew it wasn't me, and went through with the loan.

Just imagine if I would have never found out.

[BWillie]

It says I have nine credit card accounts. Only one of which that I use. How do I cancel these things? Or would it be against my best interests to leave them open and not use them?

[Hootie]

Originally Posted by BWillie007

I don't understand what is so top secret about credit reports. I think everybody should have the right to know their credit report. Personally, I find it hilarious that people actually have bad credit. I never have bought anything I couldn't afford. I charge EVERYTHING to my credit card since I was 16 years old. My credit card bill usually racks up about 1500 a month and I've NEVER paid interest on it. Just pay it off in time, if you can't, don't buy all that shit you don't need.

I also was paying a loan off on my car under my name, but my dad just paid me for it in hs to up my credit. That was a great idea, if you buy a car for your kids in college, I suggest you do that. Now I have perfect credit but I don't think I'm the person to use it the way most people would. I'm never going to buy a car where I have to pay interest. The next car I buy, I'm going to buy it in cash, and the next one, and the next one. I'm just going to save my money up until I'm 30, and buy a house with cash. I see no point in paying interest on something you can't buy..unless it's student loans.

No one buys a house in cash...that's just reeruned. Makes NO sense.

[the Talking Can]

Originally Posted by Sure-Oz

This isn't one of those things where you actually get a free report and then later are charged $15/mo out of nowhere is it?

no, it is federal law...you get one free viewing of your credit record per year...I've done it twice now and both times found items that were removed after investigation....and the investigations are free too...you can dispute any item on your record......

[Sure-Oz]

Originally Posted by the Talking Can

no, it is federal law...you get one free viewing of your credit record per year...I've done it twice now and both times found items that were removed after investigation....and the investigations are free too...you can dispute any item on your record......

I see..guess ill have to get my free cr now hehe.

[the Talking Can]

Originally Posted by Sure-Oz

I see..guess ill have to get my free cr now hehe.

yes

[Hog's Gone Fishin]

Originally Posted by KCChiefsfan88

I pay for Lifelock and Free Credit Report.com (which really isn't free) for piece of mind

Free credit report is free if you cancel within the first 30 days. I pull mine once a year using www.freecreditreport.com It shows your credit report and your score. After I check it over I immediately cancel it. The whole process takes about 10 minutes. Totally Free.

[Hydrae]

I have heard that a better way to track your credit history is to do this about every 4 months. What you do is just pull one of the three so you are pulling their individual report annually but you can keep closer track of any potential issues throughout the year.

[alnorth]

Originally Posted by Hootie

No one buys a house in cash...that's just reeruned. Makes NO sense.

I might not call it "reeruned", but in general I agree if the person applying for the mortgage can get a decent rate.

Debt is not evil, it is a useful tool just like a knife is a useful tool. You can cut yourself badly with a knife, but that doesnt mean we should ban all knives.

If you are in a high tax bracket and could get... oh, lets say 5.5%, then that loan is actually costing you about 4 1/8%. If you cant beat that through investments theres something wrong with you.

I have a student loan at some silly low interest rate of 3 1/8%. After the tax deduction it only costs me a little under 2.5%. I have a payment plan on it stretching out to the next 20 years, but I'd be an idiot to pay that off 1 second early. I dont know which idiot thought it was a good idea to give me this cheap money, but I intend to take advantage of them.

On the other hand, if your talking about a non-deductible 6% car loan, or if your credit sucks and you can only get a 7-8% mortgage, thats starting to get expensive enough that you cant reliably make very much money on the spread safely, so it makes sense to pay it off or not take out the loan at all and pay cash.

[Bwana]

Originally Posted by Sure-Oz

This isn't one of those things where you actually get a free report and then later are charged $15/mo out of nowhere is it?

Nope, 100% FREE..............no strings.

[alnorth]

Originally Posted by Bwana

Nope, 100% FREE..............no strings.

yep, annualcreditreport.com was set up by the government to enforce their required annual free credit reports.

Some other company decided to try to take advantage of the situation and created confusion by setting up freecreditreport.com. A lot of people thought "oh yeah, I heard that the government gets us a free credit report every year, so this is probably where I go to get it!", so they just blindly provide whatever information is asked for, clicking yes to everything without looking around closely. They find out a month later that they signed up for some credit monitoring service, and by the time they cancel, the company got some free money out of them. (Unless of course you want that credit monitoring service)

[DTLB58]

Originally Posted by Hootie

No one buys a house in cash...that's just reeruned. Makes NO sense.

People DO pay cash for houses. If you listen to the Dave Ramsey show or read his books you would know this.

In Dave's book "The Total money Makeover" Dave tells the story of a young married couple that lived in an very small apartment over a rich ladies garage. She only charged them $250 a month. He was making $50,000 a year and his wife $30,000. His granfather had preached to him to never borrow money. For 3 years they lived on nothing and did nothing extra that cost money. After 3 years they had saved $150,000 and paid cash for their first home.

Paying cash for a house is possible, very possible (I also work with someone who paid cash for their house). What's hard is to find people willing to pay the price in sacraficed lifestyle.

How much more wealth could you build if you didn't have a house payment? Look at all the stress off the marriage without a huge house payment.

reeruned??? Are you kidding me?

[Bwana]

Originally Posted by DTLB58

reeruned??? Are you kidding me?

Aww, don't waste your time and consider who the poster was making the statement. The guy likely couldn't couldn't run down the funds for a six pack of Old Mill and a pack of gum, much less a house.