Who Can Have Access to Your Credit Reports and Scores?

Part 7: As part of series of articles (blogs) regarding Credit and Credit Score, here we go:

With Your Knowledge and Authorization:
Anybody who you have authorized (evidence with your signature is required) can view your credit reports. You usually make these authorizations when you are applying for a job, applying for a loan, applying for a credit card, applying to rent a property, applying for a student loan, applying for insurance (home & car), applying for utilities and cell phones, and similar situations.

This enquires will have an impact and hit your credit score. Don’t do it too often.

Without Your Knowledge and Authorization:
When another business with a "permissible purpose" requests to see a credit report, the credit bureau sells it to them. This could be banks or credit card companies that would like to offer their services or products to you and want to make sure you meet the minimum requirements or eligibilities.

This enquires will not have an impact or hit your credit score..

Yourself:
Of course yourself. You can check your credit reports and credit scores as many as you wish without hitting your score. However, there could be fees involved. Your are entitled to get 1 free credit report from any of the three credit bureaus once a year.

HOW to overcome the problems with your credit history and credit score?
Knowledge, education, awareness, practice and discipline are the essential keys to being successful on any subject. The book, "Credit Score Tips and Tricks", provides you information, tools, techniques to educate yourself and manage your credit report & credit score, and therefore manage your finances effectively at no additional cost.

I have decided to bring and share with you, chapters or sections of the book, Credit Score Tips and Tricks, as series of articles here. This is the number 7 of such a series.

I also created and manage a GROUP in ActiveRain, Credit Reports and Credit Scores, Please feel free to join and share your thoughts and experiences.

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