#3 in 1 credit report
Facts You Need to Know About 3 in 1 Credit Reports
If you are interested in knowing the truth about your credit rating, then you need to start shopping for a 3 in one credit report. These reports give you the clearest picture of how healthy your credit score truly is. This is essential information for you to have before you start shopping for loans, credit cards, or other financial products.
What Are 3 in 1 Reports?
You are probably wondering what a 3 in 1 credit report is. To put it simply, a 3 in 1 report is a 3 bureau credit report. With this report, you will get the information from all three credit reporting bureaus in one simple report.
You can get access to a 3 in 1 credit report online or through the mail. An online credit report 3 in 1 is the most convenient way to access the information, because you can instantly download it on your computer. There is, of course, a cost for this information. However, this cost is far less than the potential cost of proceeding without knowledge of problems on your credit report.
Bureaus that Offer Credit Reports
Perhaps you are wondering what companies give you credit reports. Consumers have 3 credit report agencies to be concerned with. These are Equifax, Experian, and TransUnion. Each of these credit reporting agencies will have slightly different information on your credit report.
Why are the three agencies different? After all, don’t they have the same information about your finances? Actually, the agencies only collect information that is given to them by your creditors. The creditors are only required by law to report to one of the three agencies. While most creditors will report to all three, some will not. For this reason, you may have slight differences between each of the different reports. Only ordering a report from one of the agencies could cause you to overlook a potential problem on your credit history.
Now, how does the existence of these three different agencies affect your ability to get loans? When a lender is choosing whether or not to approve your application, that lender can look at one, two, or three of the credit reporting agencies’ reports about your credit history. If you do not know what is on all three of the credit reports, you could end up being denied for the loan because of problems you were not aware existed. For this reason, getting a copy of your 3 bureau credit report score before applying for any important loan is essential.
While you could order a report from each agency individually, doing so will not make it easy to compare the differences. Each agency will have a slightly different format, making it confusing to compare the information and check for differences. Sometimes differences can point to potential problems that you might need to fix. For this reason, many consumers choose to buy 3 in 1 report printouts from various places on the Internet.
Where to Buy 3 in 1 Credit Reports at the Lowest Cost
Getting a copy of all 3 credit reports at one time does cost money. Each of the three credit reporting agencies offers a 3 in one credit report. This is not usually the most affordable place to get one, though. Many third party websites offer all 3 credit reports at a reduced cost.
You can actually get a copy of this report for a very low cost, if you know how to work the system. Some websites, such as www.truecredit.com, give you the ability to access your three in one report for a very low cost. To do this, you sign up for the company’s credit monitoring services, and then you can access the report. There is a monthly fee to use this service, but you can cancel at anytime. This means that you can access your credit report for much less than other sites by using the service for one month. However, if you are working at building your credit up, you may want to continue the service so you will have access to up to date information about the improvements you are making with your credit score.
Avoiding Credit Report Scams
Unfortunately, there are many credit report scams that charge inflated prices for worthless information. Before you sign up for any service, make sure you know what the requirements are. If you are going to use a trial offer, make sure you know exactly how to cancel if you do not want the product. Also, only work with websites that are trusted names. Never give out your personal information unless you are on a site that you trust. The best way to protect yourself from these types of scams is to work with one of the three credit reporting agencies when ordering your credit report. The cost may be a little higher, but the security may make this worthwhile.