To get started, I wanted to keep a close eye on my credit. I signed up with 3 different monitoring sites. TransUnions Truecredit.com (watchout there is a trucredit.com also), I also signed up with Equifax.com and CreditReport.com.
I dropped Creditreport.com as the other two are very quick to send me alerts and after 7 days with Creditreport.com I didn't get a single report. I found out that they are not associated with a particular agency but an independant site. So it seems like they have a big delay.
I had an account with Experian which I got through my copy of MS-Money but I need to upgrade my MS-Money software to renew it.
Basically what I have learned is if you balances on any particular credit card break the 80% mark you take a big hit on your credit. I used one card for vacation a couple weeks ago and charged about 4K on it and I watched my score drop by 65 points because it had a low limit. I have paid it back down so now I want to see how quick my score will bounce back up.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment