The Federal Reserve Board posts some great information on credit scoring.
For instance, for information on how your credit score is determined, a great link is www.ftc.gov/bcp/edu/pubs/consumer/credit/cre24.shtm .
Also, another great link is the Federal Trade Commission's "Building a Better Credit Report" booklet, which has information on correcting errors on your report, tips on dealing with debt, avoiding scams and more. The link is www.ftc.gov/bcp/edu/pubs/consumer/credit/cre03.shtm.
Also, "Credit Repair: Self-Help May Be Best" (www.ftc.gov/bcp/conline/pubs/credit/repair.shtm) explains how you can improve your credit and lists legitimate resources for low-cost or no-cost help.
Also, to get copies of your credit report, you can work with a good loan officer like myself :-), or you can get copies of your credit report at www.annualcreditreport.com. This is the only authorized online source for a free credit report. Under federal law, you can get a free report from each of the 3 credit reporting companies every 12 months. You can also call 877-322-8228 or complete the Annual Credit Report Request Form at www.ftc.gov/bcp/conline/include/requestformfinal.pdf and mail it to Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281. It's important to get copies of your credit report and then make sure the information is correct.
I hope you find this information and these resources useful! I hope this blog finds you in good spirits!
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