US Federal Law grants us as consumers to have many credit rights in the United States with their credit score chart. The Fair Credit Reporting Act (also known as FCRA) is an act that helps make sure that consumers have their fair credit rights and regulates the private information that can be reported on your credit score ratings.

It’s important to know what your legal rights are and since there can be a lot of personal information reported on your free credit scores, you must make sure of the laws that are in place that will protect you, in the event where this information is in the wrong hands.

If you are interested in knowing what is a good credit score scale and you walk into a lending office and they pull your credit score ranges to see your scores, they will have your personal information in their files.

What is allowed on your credit score chart under the Fair Credit Reporting Act

This includes: Your employment and salary information, personal identifying information such as name and address, credit history information including application status for credit cards, information about your public record, any and all late payments on your outstanding loans or cards and any payments that have been late including: electric bills, rent payments, child support etc. They also will review your records to see if you have any outstanding debts with collection agents.credit score chart

If it makes you feel uncomfortable that other people will be viewing this private information then you can find a great source on this site that will teach you how to check credit score ranges yourself online.
It’s best to see your profile first to see if you have bad credit score ratings before you go into a mortgage office or bank and they pull your file.

It is important to understand that you do have many rights under the Fair Credit Reporting Act. One of the rights that you have is that you can now see exactly who has pulled a copy of your credit report. In the past, the 3 credit bureaus (Equifax, Trans Union and Experian) were providing different parties your credit score ratings without the consent of the consumer.

The second right that we have is the the Fair Credit Reporting Act (FCRA) now has policies in place that will limit those who can view your good credit score or bad credit score ratings. This new law will mandate that whomever pulls your credit scores must have an absolute purpose that is permissible under the FCRA. A further list can be viewed here.

The additional right is that the Fair Credit Reporting Act entitles you to have a completely accurate credit score chart which means that if any negative inquiries have been added to your report that are against your doing, you the right to report and dispute any and all of these errors.

Since the release of the FCRA there has been an updated act in 2003 which is titled the Fair and Accurate Credit Transactions Act. It can be more commonly heard of as the FACT or even FACTA. The will further regulate your rights to have the most accurate and exact information that other agencies can obtain through the three credit bureaus. This act will allow you to see your free credit score online and grants you access to a free credit report one time each year.

This act along with the Fair Credit Reporting Act will ensure that you, the credit consumer, are fully protected and can view your credit score chart for accurate information.

credit score chartIf you have been checking to find information about your credit score chart lately you might have found a lot of advice about the 3 credit scores and how to raise your FICO scores high. There are many tips that have been available throughout forums and websites online but a lot of this information could be outdated and useless. Not to say that all of it is, but it is important that the information provided has been tried, tested and true.

Credit Score Chart Facts

When you need to raise your ranking on the credit score chart it is necessary to first pull your credit report. Even though many lenders and banks will tell you it’s not a big deal to pull it with them, over time it really can be. If you have your report pulled once or twice for credit evaluation purposes through a lending facility then it might be fine, but if you have your report pulled many times for loans and credit credit cards then these credit pulls alone will add up and deduct points off your credit rating.

Building a strong credit score rating takes time and more inportantly educated actions. Lenders who pull your FICO score will create an inquiry on your credit profile. These inquires can be removed by credit restoration specialists but that can take a lot of money. The bottom line is, if you are interested in seeing your FICO scores to know where you are on the credit score chart then it is best to do it online where you can obtain a free credit report.

What You Should Know About the Credit Score Chart

Pulling your report online will count as a soft pull when you do it yourself. This is far different from a hard pull which will be established when others pull your credit for you. A hard pull will deduct a few points off your credit score chart.

Reviewing you scores will help to understand where you are at all times. Often times credit card agencies can make errors and not even know about it, causing a bad inquiry to show up on your credit profile. If they are left there overtime then this can be stuck and can create a huge decline in your ranking on the credit score chart.

But if you are monitoring your profile on a regularly basis every month or so then you will know exactly what it taking place at all times. So if any mistakes were to happen, or if your identity were to be stolen, then you could catch it quickly by being proactive and checking your credit score chart to know exactly where you stand.