Knowing your credit score is crucial to staying informed on several different things. After all, your credit score is fundamental to getting the type of credit you’re looking for with credit cards, a mortgage, or a car loan. So, what is the best way to check your credit score?
The best way to check your credit score is to go through the credit bureaus because this will give you the most accurate representation of your score. While there are several different third-party options for getting your score, these may not always reflect your score accurately or show you a delayed score that is not reflective of that specific time.
When you work with a credit bureau to get your score, you will have an accurate and up-to-date score. This score helps you plan for anything you might be trying to do or any credit you might be looking to apply for.
Knowing your credit score before you apply for credit is going to help you figure out whether you’re going to get approved before you apply. You’ll be able to see if your credit score falls into the ‘good’ range or the ‘excellent’ range, or even if it falls in somewhere a little lower on the line.
If you’re applying for a loan or a mortgage, you would be able to speak with a loan officer to find out more about what kind of score you would need to get approved. And then, you can see if your score is within that range. That way, you don’t have to apply and be rejected from the loan.
Best Way to Check Your Credit Score Online
Applying for any credit reflects a ‘hit’ on your credit score, which can decrease your score slightly. So you want to ensure you’re only applying for credit that you have a reasonable chance of actually getting. That way, the ‘hit’ you take on your score is worth it.
However, when you check your own score, it doesn’t cause that ‘hit.’ That means you can check your score as often as you want to ensure it’s at the level you want it to be. Or to figure out what you could be doing to improve your score. And with a credit bureau, you’ll have the best way to check your credit score.
Of course, there are three credit bureaus, so if you’re looking for the best way to check your credit score, you should take a closer look at Experian. You’ll be able to get an accurate and up-to-date score and even a full report if you’re interested.