Free Credit Score, why do I need to know it?

Free Credit Score, why do I need to know it?
Free Credit Score is a must have these days. Since everyone
is looking at your credit score, shouldn't you know it?
Let's assume you are applying for a mortgage. When a lender
pulls your credit report, there are 3 Bureaus reporting 3
different scores. The Bureaus never all report the same
scores. Lenders take the middle score that is the risk
based credit score they use.

Example:
Experian: 720
Trans Union: 710
Equifax: 734

Middle Score: 720

720 is the score that the banks will use. Maybe some
employer has a credit score requirement in order to
calculate there investment in you. This is actually taking
place in the hiring process these days. Everything is based
on "Risk." If you have a history of credit issues, they
might feel you would be a good candidate to call in all the
time. Maybe you are a candidate that might be late, based
on your credit rating. Typically a credit report is a nice
little insight into ones responsibility. Do you want them
to know your credit score, or maybe before you apply for
that job, you get your free credit score report and work on
any loose ends you may have.

Here are some top reasons you need to know your Free Credit
Score.

1. Trying to lower interest rates on credit cards
2. Refinancing your car into a better interest rate.
3. Refinancing your mortgage
4. Applying for a better paying job.
5. Applying for a lease on a home.
6. Getting ready to get married, do you want you're soon to
be wife or husband to find out you have bad credit?

Your Free Credit Score is no longer a secret. I would take
the time to learn what most don't know. Because if you
don't they will find out. Nothing is more humiliating when
a creditor, landlord, soon to be mate, dealership, or
evening dream job says NO. I recently talked to borrower I
am helping get a mortgage, this particular person works for
the city, and the city pulled her credit and told her she
had to fix her credit to maintain employment with them. I
am not sure how more convincing one could be to get your
free credit score report, and stay on top of what is being
reported about you. Maybe you have been paying off
collections, and you need to know if they have updated your
report. What ever the case, make sure you are a educated
consumer. If you are not, you are definitely paying more
than you should.

----------------------------------------------------
About the Author: Mike Clover is the owner of
http://www.my720fico.com . My720fico.com is one of the most
unique on-line resources for free credit score reports,
Internet identity theft software, secure credit cards, and
a BlOG with a wealth of personal credit information. The
information within this website is written by professionals
that know about credit, and what determines ones credit
worthiness.