Good credit is vitally important to residents of Michigan. However, many are waiting until they have been turned down for a loan to look at their credit report and correct any errors they find. Rather than waiting, Michiganders should be checking their credit report every year.
Checking a Credit Report in Michigan
Every Michigan resident is entitled to get a free copy of their credit report each year from TransUnion, Equifax and Experian, the three major credit reporting agencies. You can get these reports at www.annualcreditreport.com. In order to get both a credit report and score, you will need to go to each bureau’s website, but they will charge a fee for that service. At Usa Credit Report, you can get all three copies of your credit report for free, as well as a free Equifax credit score.
Understanding a Michigan Credit Report
A credit report shows the way a Michigan resident has handled their credit-based accounts over a period of time, usually seven years. It lists all the accounts that have been used, showing if the account is still open and if it is current on payments. Negative information, such as collections and delinquencies, will also be listed.
Michigan Credit Check
Many different companies can check a Michigander’s credit report, including lenders, landlords and potential employers. Michigan residents who have been the victim of identity theft are allowed to have the credit bureaus place a freeze on their account, which requires their express permission before a credit report can be released. Other residents may also do this, but they may be charged a fee to do so.
In order to prevent errors from keeping a Michigan resident from getting a loan, as well as to detect and prevent identity theft, Usa Credit Report will regularly monitor your credit report. We’ll inform you when we find any changes and help you get errors corrected. Let us help you maintain the good credit you’ve worked hard to build and need in today’s economy.