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3 1 Credit Report

The Advantages of a 3 1 Credit Report

Keeping an eye on your credit report is extremely important; identity theft is rampant today, and a poor credit score can cost you thousands of dollars in interest charges through the years. By monitoring your credit reports, you can take care of inaccuracies and other issues quickly so that they don’t have as much of a negative impact on your score.

Many people don’t realize it, but there are three separate credit reporting agencies: Experian, Equifax and TransUnion. That’s why 3 1 credit reports are so popular. With a 3 1 credit report, you can keep track of what each individual credit bureau is reporting about your creditworthiness. After all, there’s no way to know which report a prospective creditor will pull – and different reports can reflect different information. It’s usually best to look at all three of your credit reports around the same period of time, in order to get an idea about the big picture.

Is a 3 in 1 Credit Report Worth It?

By ordering a 3 1 credit report, you can save a lot of money. Ordering each one individually will cost you more than ordering three reports at one time. Each of the three credit bureaus offers 3 in 1 credit reports, so you can order yours from any one you choose. You can also order a 3 1 credit report from an independent company, or from one that offers credit monitoring services. However you decide to do it, ordering all three reports at once is generally a smart move.

Some people argue that 3 1 credit reports aren’t as detailed or in-depth as individual reports. If you’re comfortable with spending the extra money, there’s no reason not to order each report separately. As long as you order your 3 1 credit report from a reputable source, though – especially one of the credit bureaus – it should be every bit as detailed as an individual report. Best of all, all of the information will be in one central location – you won’t have to log into and out of several different sites in order to view your information.

The Benefits of a 3 in 1 Credit Report

Some of the top advantages of ordering a 3 in 1 credit report include:

  • Convenience – With a 3 1 credit report, all of your information is located in one place. You don’t have to keep track of multiple login names or passwords.

  • Effectiveness – If you find errors on any one of your three credit reports, you can easily file a dispute online. Normally, you’d have to file each dispute separately with each credit bureau; with a 3 1 credit report, you can handle all of your disputes quickly and easily.

  • Savings – It’s almost always far cheaper to order a 3-in-1 credit report rather than ordering each one individually. Why pay extra?

    • If you’re ready to get the big picture about your credit rating, order a 3 1 credit report today; you might be surprised by what you learn.

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    Financial Dictionary: Accounting, Business & International FinancePersonal Finance - Credit Cards & Credit Management