Did you know you can get a free credit report online? You can, but it pays to understand a few things about your credit report before you begin. Here are a few things that will help you get a free credit report safely:

You can get a free credit report in South Jordan by going online to www.annualcreditreport.com. This site is approved by the Federal Trade Commission (FTC) and is supported by all three major credit reporting bureaus, including Experian, TransUnion and Equifax.

Be aware that there are dubious credit reporting agencies offering free credit reports to the South Jordan area from the internet. If you perform a search for ‘free credit report‘, you will likely get a list of services that are less than credible, and in some cases fraudulent. You should use extreme caution when providing your credit information over the internet. Using the internet for a free credit report can be very safe, if done with caution and understanding. Save yourself the concern and go straight to www.annualcreditreport.com for reputable, safe credit reporting.

Your friends in South Jordan may have told you that getting a free credit report can actually damage your credit. This is only true if you abuse the service, obtain a credit report too often, or for too many different types of loans. The credit reporting agencies record the number of times you apply for a credit report, and will reduce your score slightly if you exceed a limit of a few per year.

There are many factors regarding frequency that you should be aware of in South Jordan. For instance you will not be hurt if you apply for multiple mortgage loans within a 30 day period. We encourage you to contact our South Jordan Beehive Credit Union loan officer for more information about how a credit report inquiry may effect your credit score.

It is a good idea to get a free credit report, and to review your credit score at least once each year. This is a great way to understand and manage your credit score, and gives you an opportunity to monitor your credit for frauds and scams. Reviewing your credit score often will expose discrepancies that need attention. Taking action as quickly as possible will help maintain a healthy credit score.

South Jordan Beehive Credit Union encourages you to check your credit score with a free credit report so you have a better understanding of you ability to qualify for a new loan. We provide mortgage loans, and can help you obtain a credit report, and will review it with you so that you understand what it means to you and your ability to qualify for a mortgage loan. You can even apply online for a loan at South Jordan Beehive Credit Union.

We also can review your credit score with you when you apply for an auto loan. We look at your credit score to better understand your ability to qualify for a loan. We have several programs to offer depending on your score.

Just give us a call; we are here to help.

You can reach us in South Jordan at 801-484-8811.