Monitor Your Credit Ratings

Keep an Eye on Your Credit

Are you trying to establish a good credit rating or are you trying to maintain your credit rating? Regardless of your situation, it is important that you monitor your credit.

Credit reporting companies have files on everyone who has applied for a credit card, loan or insurance. The files contain information about where you live, how you pay your bills and whether you have been sued, arrested or have ever filed for bankruptcy. This information is used to make decisions when you apply for credit.

The three consumer credit reporting companies, Equifax, Experian and TransUnion, are required to provide a free copy of your credit report once every 12 months at your request. Some financial advisors suggest that you stagger your requests during a 12-month cycle so that you can monitor accuracy and changes on a regular basis.

To begin – we recommend that you order your credit report from Equifax by visiting annualcreditreport.com or by calling 1-877-322-8228. There is no need to contact the companies individually because they use the same service to provide the free reports.

When requesting your free credit report, you will be asked to provide your

  • Name
  • Address
  • Social Security
  • Date of Birth

If you have moved in the last two years, you may be asked to provide your previous address. For security purposes, the company may also ask you a “secret” question that no one else would know.

Don’t let you credit rating come as a surprise – keep a close eye on your report and be prepared to dispute inaccurate information or manage outstanding debts. However, if you are in the process of applying for a mortgage or close to it – consult your mortgage loan professional before taking any big steps in terms of credit repair. Inlanta Mortgage professionals have been assisting homeowners with their financing needs for years and know quite a lot about repairing credit.

Ready to purchase your first home or are you finally ready to make an offer on your dream home? Perhaps, you are looking to take advantage of historically low mortgage rates and refinance into lower payments or get cash out of your home. Consult a licensed Inlanta Mortgage loan officer today and get started. Click here to find a mortgage professional near you!

Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is fully delegated HUD-FHA including FHA 203K, VA, and USDA approved. Inlanta Mortgage also offers numerous state bond agency programs. Review Inlanta’s mortgage loan programs here.

Inlanta Mortgage is a multi-state mortgage banker based out of Brookfield, Wisconsin. NMLS# 1016. Inlanta Mortgage has recently earned the distinction of being named a 2012 Top Workplace in Southeastern Wisconsin.