Florida Credit Scores – Available for FREE
Credit Score and Credit Report information for Florida Residents. DMV.com recommends all US citizensresidents in Florida make use of their right to a free National Credit Report each year. Make sure you undertand your credit history.Your credit history has a large influence on your everyday life - Your mortgage, car installments and charge cards are dependant on your credit report and credit score.
Free Florida Credit Scores
Your credit rating has a huge impact on your life in Florida - car payments, your mortgage and credit cards are all based on your credit history and credit score. It's extremely important to know your credit scores Don't wait, check your credit score here.
What is Credit History?
A credit history is a history of how you repay and borrow money. It is often a very detailed description of information, including when and how much you have borrowed, when and how much you have repaid, details about any late payments you may have had (normally when 30+ days overdue) and whether or not you have gone bankrupt in the past. Big lenders such as banks, credit cards, mortgage companies and auto loan companies look at a person's credit history to figure out their 'credit worthiness' - which is essentially what they think of you as a borrower and whether they will lend money to you. Lenders may also examine a credit history to decide what interest rate they need to charge.
Get a Credit Report And Make Yourself Informed
A credit report is a breakdown of a person's credit history that will be used by the lender to determine what to lend a person and at what interest rate. Credit reports will usualy assign some sort of rating or score to a person which will indicate the person's credit worthiness. There are three credit bureas that create credit reports: Equifax, TransUnion and Experian. The credit bureaus rate each person with a FICO Score between 300 - 900. Get your score at GoFreeCredit.
Why Should FL Residents Know Their Score?
Understanding your credit history and your credit worthiness is very important. Your credit worthiness will have a significant impact on the quality of life that you can maintain as a resident of FL. You can't pay cash for everything you want to purchase, and when it comes to getting loans having good credit is crucial. You credit rating affects everything from having a credit card to purchase groceries with to being able to take a mortgage on the new house you love