Free credit card report Panama City

Each assigns a credit score, based on the history in your credit report, which determines if you'll get the credit you're wanting....and what interest rate you'll end up with. Credit Scores are generally broken down as follows - 700+ Score - you're considered Tier 1 - considered excellent by lenders and typically offered the best rates. 650 - 699 - you're considered Tier 2 - considered good by lenders and typically offered interest rates 1% - 4% higher than Tier 1 borrowers.

600 - 649 free credit card report Panama City - you're considered Tier 3 - considered fair by lenders and typically offered rates between 8% and 12%. 550 - 599 - you're considered Tier 4 - considered poor by lender and typically offered rates between 13% and 22%. 350 - 499 - you're considered Tier 5 - considered very poor by lenders and typically offered interest rates similar to what the Mafia lends at.

Recently, I've been seeing a lot of advertising on the Internet and TV offering to provide you a Free Personal Credit Report.

Heck, there's probably 200,000 Web Sites that make that offer. Ok - listen carefully - almost 99% of those ad's are a crock. www.free-annual-credit-report.com There are only two ways to get a FREE Credit Report. The second way is to wait for your once-a-year window to request your Free Credit Report. This is a newer program just recently put in place (2005) which was mandated by the Feds. The Web Site you need to visit to see if it's your time to get Free Credit Reports is Annual Credit Report.com.

Whether you can get the Freebie Credit Report now or not, there is still one very, very important piece of data missing.... You get the Free Credit Report....without a Credit Score.

You get only half the information you need to truly understand what's up with your Credit. That's like ordering a King Cut of Prime Rib and getting the Petite Cut.

Whenever you apply for credit, the first thing the lender or creditor does is pull your Credit Report....and find your credit score. how to check your credit report The lender then knows what the score is and begins to make his or her decision regarding your request and the terms that will free credit card report Panama City be offered to you.

Here's free credit card report Panama City a real-life example of what happens in the U.S. Let's say you're looking to purchase free credit card report Panama City a new car - it's a very popular sedan that currently offers Manufacturer Financing of 2.9% for 60 months.

You go through the entire buying process, finally agree to a price and are ready to finish your new car purchase You then give the Dealer all of your free credit card report Panama City personal information and they run a free credit card report Panama City credit report. Then the Salesperson walks slooowwwly back to where you are sitting. He says I'm sorry, but your credit score doesn't qualify for the 2.9% financing.

Every day, thousands of folks are absolutely free credit card report Panama City shocked when the salesperson tells them they don't qualify for the loan they wanted. You see, that free credit card report Panama City special 2.9% financing requires a 720 Credit Score and no record of any delinquencies on your personal credit report. phone number for free credit report It's humiliating....and something you definitely were not expecting. The real problem here is this - you don't know what your free credit card report Panama City credit score is and therefore, you don't know what terms and conditions you qualify for. Now, the best Interest Rate you now qualify for is 5.9% for 60 months, free credit card report Panama City so you'll be paying $46 a month extra - or $2,free credit card report Panama City 760 during the term of that loan.