Request credit report Phoenix

Before applying for a bad credit car loan it’s always a good idea to check each of your credit reports and know your credit scores. We know because at Auto Credit Express we’ve been working with poor credit retail car buyers for more than twenty years. Another request credit report Phoenix example is our web site that contains a bad credit auto loan application – something we realized was needed after seeing the confusion and frustration which customers with bad credit often experience at car dealers that fail to offer second chance auto loans. And while request credit report Phoenix bad credit buyers can always visit a local tote the note dealer, this won’t solve their car credit issues since request credit report Phoenix these dealers usually don’t report loans or loan payments to the credit bureaus and their loans request credit report Phoenix often end up in repossession. how to check free credit report Speaking of loan payments and credit bureaus, let’s discuss what a credit report actually is. A credit report is simply a record of your borrowing and payment history. Banks, credit card companies and many other places that extend credit usually report your payments to one, two or even all three of the major credit reporting agencies in the United States – Equifax, TransUnion and Experian. This is a type of credit known as “applied for” credit.

This means that you requested to borrow money from the reporting lender. free score

Your credit report may also contain certain “not applied for” credit entries. These entries include items such as bad checks, medical request credit report Phoenix bills and any tax liens or civil judgments – that is, bills that you owe that are not a result of a credit application. If you pay all your bills on time, you won’t have these “not applied for” entries listed on any of your credit reports. Viewing each of your credit reports will also let you know if there is anything they contain that is incorrect. If there is, many of these mistakes can lower your credit score. If you plan on buying a car, knowing what’s on your credit report as well as your FICO score can tell you request credit report Phoenix whether or not you might qualify for a regular car loan or if you need to find a dealer that specializes in car loans with bad credit. free credit reports annual The dividing line for either type of loan is not always black and white but typically, if your FICO score falls below 640, you will need to apply for a bad credit auto loan.