A Good Credit Score

A Good Credit Score

A Primer on Online Credit Reports

When you access your online credit report, you should have an idea of what you are looking at. Many individuals spend their hard earned dollars to see their online credit score, but it doesn’t help them because they are either confused by some of the terms or they aren’t looking at the correct report. In short, there are a few things you should be on the lookout for when accessing your credit rating report.

What do I need to know when I get my credit report online?

You must be on the lookout for faulty reports online that will try to trick or mislead you. When you pay top dollar for a credit report, you need to make sure you are seeing the official FICO score down at the bottom of that report. When you get a copy of your credit report, you want it to be the official FICO credit report. Depending upon which one of the major credit reporting agencies you are using, the name of this report will be different.

When you get a free instant credit report from Experian, you should be receiving the Experian/Fair Isaac Risk Model credit report. When you get a report from Equifax, it is called the Beacon score Equifax credit report. Trans Union is somewhat different in that they have three different names for their credit reports. It will either be called the Empiria Report, FICO Risk Score report, or the Classic. If you choose to go with merged credit reports from all three of these companies, then you can sometimes miss out on having all of these scores at your disposal.

Beware of Special Online Credit Report Offers

Many of the companies who offer deals on their online credit reports are simply looking to pull you into some other kind of offer. Often times, these companies will offer free access to your online business credit report or your personal credit report if you agree to sign up for their monitoring »” rel=”nofollow”>credit monitoring service. Though this might sound like a good deal on the surface, the credit monitoring can cost you in the long run. It is an effective way to monitor your credit, but simply checking your online credit report on occasion is a much more cost effective way to circumvent any problems before they happen.

Online Credit Report Scams are everywhere

Each and every month, more scams pop up in which people try to use your sensitive personal information for fraudulent purposes. Be aware of companies out there that are posing as credit repair companies or a credit counseling agency.

If they make promises that seem a little bit out of the ordinary to you, then there is a good chance they are pulling a scam. Watch out for emails that look suspicious or websites that you do not recognize. As a general rule, be very careful who you give your personal information out to. These people will lure you in with promises of cheap online credit reports if you are not careful.


If you are looking for a reputable place to get your hands on your credit report, check out Myfico.com. They provide online credit reports that include all of the pertinent information that you should be looking for. You will have a chance to view your official FICO score from each of the credit reporting agencies, as well as all of the current information that each of the three bureaus has on you. You have access to all of that for just $45.