Tip 3: You pulled your own credit report. Read through it completely, now what do you do with it? Well, it depends on what you’re trying to do with your credit. Are you getting ready to apply for a loan, do you already have a loan in progress, or have you been turned down for a loan due to your credit history and don’t know why? Well, let’s address each scenario one at a time.
You are getting ready to apply for a car loan, personal loan, credit card, or a mortgage. No matter which of these apply, they all have one thing in common, your credit scores are the key factor the majority of lenders use in deciding whether you get approved or denied. I strongly advise anyone where this scenario applies to them, to find out what your credit scores are from all 3 credit reporting agencies first. Don't go in blind when applying for credit and hope for the best. Know what your credit scores are first. The 3 major credit reporting agencies you need to pull your credit score and complete credit file are Equifax, Experian, and Trans Union.
Each one is a different company and they all have their own version of your credit history in them. Sometimes, you may luck out and have all 3 of them match each other to a T. But, more than likely, they won't and all 3 of your credit files may be totally different. My advice, start with the longest credit report first. Meaning, the one with the most pages, the most credit accounts, and the most information in it. If you don't need to clean up your credit after you review all 3 credit reports, GREAT! However, if you do need a little or a lot of your credit cleaned up, do the hardest one first. That way, when you move on to the next two credit reports, they will be easy peasy to get through.
Here at some suggested credit reporting agencies to use: