Archive for Monday, July 16, 2007

Money tip

July 16, 2007

Advertisement

If you are worried about safeguarding your credit, Consumer Reports recommends more affordable ways to track your credit rating:

¢ Consumers are entitled to three free credit reports a year. One free report a year can be obtained from each of the three major credit reporting bureaus: Equifax, Experian and Trans-Union. Staggering your requests throughout the year will keep you abreast of changes in your credit report.

¢ There are affordable ways of getting your credit score. Some Web sites charge as much as $75 for a credit score, says Consumer Reports, but getting your FICO score doesn't have to cost a mint. You can obtain your credit score for as little as $8 at Annual Credit Report .com.

¢ If in doubt, consider a security freeze. Thirty-seven states, including Kansas, allow consumers to place a security freeze on their credit reports. Once you do that you can sign up for a new credit card only by inputting a PIN. This bars thieves from using your information to apply for new accounts. For more information, go to ConsumersUnion.org.

Comments

Use the comment form below to begin a discussion about this content.

Commenting has been disabled for this item.