Sources: FICO and Experian
A growing number of banks, loan companies and credit card issuers, including Bank of America, provide scores for free on statements or through online banking and mobile apps. If your bank doesn’t provide that service, you may have to pay to get your credit score. You can buy your FICO credit score at Myfico.com.
Under federal law, you’re entitled to a free credit report every year from each of the three major credit bureaus—Equifax, Experian and TransUnion—but many people are surprised to learn that the credit score usually isn’t included in the report. Remember, the credit bureaus don’t always collect the exact same information, or evaluate it in the exact same way, so your score from each one could be different.
Fixing credit report errors, such as the same debt listed more than once or accounts incorrectly reported as late or delinquent, is one of the quickest ways to boost your credit score. It’s a good idea to check your reports every year via AnnualCreditReport.com. The federal Consumer Financial Protection Bureau has a helpful guide for correcting mistakes.
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