How To Check Your Credit Score

This page may contain affiliate links, meaning when you click the links and make a purchase, we receive a commission.

What Does A Credit Score Mean?

A credit score estimates your creditworthiness to creditors. It’s a numerical score from 300-850 and is determined by the length of time with creditors, utilization, number of open accounts, and repayment history. The average credit score is 692-730 which is average/good. A good credit score lowers your interest rates and opens the door to bigger financial opportunities like owning a home or financing a car. A credit score is determined by the information provided by the three major credit bureaus. There can be errors in your credit report that are impacting your score or maybe you’re working on cleaning up your credit, knowing how to check your credit score is important.

How To Check Your Credit Score

There are a few ways to check your credit score, but the following are the top two:

I. After You Apply For Credit

If you’ve recently been denied credit, your entitled to a free copy of your credit report. Keep a copy of your denial letter to request a free copy of your credit report up to 60 days of the initial denial.

2. Request A Free Copy Once A Year

Under the Fair Credit Reporting Act, the three major credit bureaus must provide a free copy of an individual’s credit report once each year, upon request. They provide information by phone, but it’s best to request a copy of your credit report in writing. Your credit report will also provide a copy of your credit score.

Keeping up with your credit score can help you clear up discrepancies, raise your score, and work towards your future financial needs. If you find errors with your credit score. talk to one of the three major credit bureaus for more details.

Don’t let your credit score hinder you. Check your credit score today.