ASK A KABABAYAN:"Saan ako makakakuha ng libreng CREDIT REPORT?"

Whether you are planning to buy a car or a house, or you are simply concerned about identity theft, checking your credit report is ALWAYS a good idea.

You can get a FREE credit report at annualcreditreport.com.

After reviewing your report (it's always good to print a copy for your file) and you want to see your CREDIT SCORE, you can go to any of the three major credit bureaus (Experian, TransUnion, Equifax) to get a FREE TRIAL. Tip: They will ask for a credit card number BUT they will NOT charge it until the end of the trial period (usually 30 days). So if you don't want the service (typically around $12 a month), once nakuha n'yo na ang inyong credit score, pwede n'yo ng kanselahin ang account ninyo.

Ano ba ang credit score?
According to annualcreditreport.com, a credit score is used by a lender to help determine whether a person qualifies for a particular credit card, loan, or service. Most credit scores estimate the risk a company incurs by lending a person money or providing them with a service –– specifically, the likelihood that the person will make payments on time in the next two to three years.

Ang bottomline: Mas mataas ang score (ang score na makukuha ninyo ay anywhere from 330 to 830), mas maganda, kasi mabibigyan kayo ng mas magagandang deals o mas mababang interest rate sa account ninyo. Usually, ang score na 680-pataas ay okay.