Most people wait until they have been denied a loan or turned down for a job to check their credit report, but by that time it’s too late to fix the errors and turn the situation around. Maryland residents should be checking their credit report regularly and especially before applying for credit, such as a mortgage or new car loan.
Getting a Maryland Credit Report
Getting a credit report in Maryland is fairly easy. Federal law permits residents to receive one free copy of their credit report each year from each of the three major credit bureaus – Experian, TransUnion and Equifax. In addition, state law provides residents with an additional free copy from each of the bureaus. However, these reports will not contain your credit score. Usa Credit Report gives you all three credit reports at the same time, as well as your Equifax credit score, all for free.
What is a Maryland Credit Report?
A credit report for a Maryland resident shows all the loan and credit card accounts you have used over the past seven years. It includes a payment history on each account, whether or not the account is still open and if the payments are current. It will also include negative information, if there is any, such as late payments, accounts turned over for collection and court judgments.
Companies that Check Credit Reports
Today, a variety of companies check credit reports, everyone from lenders to potential employers. Even your insurance company will check your report in determining what premiums you will pay. That is why it is so important to review your credit file regularly. Usa Credit Report will help you stay on top of your credit, by monitoring your file and alerting you as soon as any changes are made. This will give you the chance to get mistakes corrected before someone looks at your credit report and turns you down.