CREDIT SCORES

Free Access to your Credit Reports through April 2021

Disclosure: Basic Travel Couple, LLC has partnered with CardRatings for our coverage of credit card products. Basic Travel Couple, LLC and CardRatings and MileValue may receive a commission from card issuers. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

I came across a new promotion today through our friends over at annualcreditreport.com that I believe can make a big difference in peoples lives. Surveys I came across indicate that about 1 in 5 adults check their Credit Score Monthly. I’m sure that the percentage is much lower for those that take the time to review their actual Credit Reports. The good news is that now through April 2021, everyone can review their reports for FREE weekly!

Join Our Basic Travel Facebook Group to Stay in the Loop on the Latest Travel & Finance News!

Free Weekly Access to Credit Reports

Typically AnnualCreditReport.com offers consumers One Free Copy of their Credit Reports from the Three Big Reporting Agencies; Equifax, Transunion, Experian. This is thanks to the Federal Mandate, Fair Credit Reporting Act which empowers people to review their reports for inaccuracies for Free each year. Starting on April 20th, consumers can now check their reports for Free every week through April 2021!

Why is this Important?

According to ConsumerFinance.Gov, 20% of people have an error on at least on of their reports. I can certainly agree with that statistic and think it might even be higher from working with people over the years on Credit Restoration. Typical errors include people with similar names, family members, and even fraudulent accounts showing up. This could lead to a lower Credit Score and ultimately higher interest rates. In addition, having subpar credit prevents folks who want to take advantage of premium credit card offers. If you are a regular reader at Basic Travel, you know that those Credit Cards can provide Thousands of Dollars for discounted Travel.

Credit Score FYI

I’ve talked about this before and want to mention it again, Credit Karma Does Not provide a FICO Score. Over 90% of Banks and Credit Lenders use the FICO Algorithm to Review Credit Reports and determine Credit Worthiness. I put together a very detailed Basic Breakdown of Credit Scores which reviews the different types of Credit Scores and background on how we got here today.

Free FICO Reporting

The best Free FICO Score Report that I have found online is through the Discover Credit Scorecard Service. You don’t have to be a Discover Cardholder to use the service and it’s Free.

Basic Breakdown

Reviewing personal credit reports regularly can be the difference between hundreds to thousands of dollars in potential money. Whether it’s high interest rates on a Mortgage or Car loan, or missing out on The Top Credit Card Offers, we’re talking about big money! I love that AnnualCreditReport.com is offering folks the opportunity to review their reports weekly and hope that they take advantage of the opportunity.

Have you found something that didn’t belong on your Credit Report? I’d be interested to hear about your experience down below or over in the 4,000 + Basic Travel Facebook Group!

More Basic Reading

Editorial Disclaimer: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

The comments section below responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published.

5 Basic Travel Strategies

Need-to-know tricks for cheap travel.

Top Credit Card Offers

Chase Freedom Flex℠

Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening

Citi Premier Credit Card

Earn 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening

Chase Sapphire Preferred® Card

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.

American Express® Gold Card

Earn 60,000 Membership Rewards® Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months of Card Membership.
credit-card

We're Dave & Lisa

An easy-going, fun-loving couple who have a passion for adventure and exploring the world! Our strategies have saved us over $100,000 in travel over the last four years, and our goal is to help you do the same.

Keep Exploring