It is always important to have a record of the credit history of a borrower from various sources, as he is liable to pay all of them to the bank. When an algorithm is applied to a credit report, the result of this is a credit score. So, basically a credit report is used to arrive to a credit score and it is essentially a statement of your potential credit risk.
In USA, whenever there is a problem associated with the credit history, they can always lodge a problem in the customer service and it will be resolved within a maximum time of 30 days. However, most of the times the history is accurate, unless a small error has been detected to delete the item from the history.
In order to keep a check on this problem, several websites have been launched to check the credibility of the account user and keep a track of their transactions without the need of a credit card. Most of the websites do it for free and hence reduce the hassle of the customers. Some of the websites being CreditCards.com by Bankrate, freecreditreport.com, and credit.com, they offer services to provide you with your credit report and keep you updated on it.
One of the best websites that can help you with this has to be Credit Karma. In the customer credit, the three most important credit bureaus are Equifax, Experian, and TransUnion, and you are supposed to have a different and unique credit report for each credit bureau. With this website, the users can access both of their Transition and Equinox credit reports and can be alerted about the changes. It also allows the users to track for their credit scores and in addition to this everything can be accessed through Credit Karma mobile app from wherever you are. Other than Credit Karma, you also have NerdWallet, FreeCreditScore.com, Quizzle, and Mint which are among the top five used websites for the purpose.
There are cases where you might have more than one credit card, and in such cases, depending on your reporting behavior the information on your credit reports may vary. Because of this, your credit score will also vary based on the bureau which supplied the data. You should also be careful with websites as they might fool you into entering your credit card details. Make sure that none of the websites you opt to is asking for your payment information. However, today’s credit card perks are that the bank will actually offer you a free monthly credit score on your credit card statement. Regardless of the method or company you choose to use to check your credit reports, make sure that they are checked on a regular basis to ensure you maintain a healthy credit history.