If you are thinking of applying for a loan, it will be a good idea to first check your credit score. This will give you an indication whether your request will be approved or not and how much interest you will have to pay.
So how do you check your credit score? For that, you will need to get it from a credit agency. These three are namely Experian, Equifax or Transunion. People can log in to their site and request a copy which is absolutely free.
Your credit score could range from 350 to 750 points and the higher it is, the better. If your score is below 700, then you need to improve on it.
You do that by knowing your current credit score and then reviewing it. Look for errors and if there happens to be some, take the appropriate steps to fix them. You should call the credit agency to report the error and then send the supporting documents by mail.
Never send the original copies because if they lose it, you have nothing left to support your claims so send photocopies.
The next step is for the crediting agency to conduct an investigation into the matter. If your creditor cannot produce anything, then the error is immediately removed from...