Car Auction

Credit Report Scores - Who Determines Them?

There are three major credit reporting agencies: , , and .

Each of these credit reporting agencies receives information from credit grantors such as credit card companies, stores granting credit, mortgage companies, and banks. They compile your credit history and compute your credit report scores.

They provide your history and credit report scores to others who have a genuine interest in your credit worthiness.

Save Money at an Auto Auction

Cars, vans, trucks, boats, real estate, and personal property are often seized by the authorities. What happens to these items? They are sold to the public at auction.

Do you know every year, thousands of great bargain opportunities appear and disappear all around without you even knowing it. There are so many bargains at auto auctions! In fact, the person next to you on the freeway could very well be driving a near new car that cost only $550 from an auto auction!

If you are concerned about saving money -- and who isn't? -- you should consider auto auctions as a means of getting a great deal.

Credit Report Scores - How to See Them

Each of the three credit reporting agencies can provide you with a one-time copy of your credit report. Equifax, Experian, for example, will provide your report online for a fee of $9. Trans Union charges from $7.50 to $9 for your credit report.

All three credit reporting agencies will also provide a one-time copy of a "3-in-1" credit report. This contains your credit reports and your credit report scores from all three reporting agencies. Trans Union charges $34.95 while Equifax and Experian each charge $39.95.

Credit Report Scores - Improving Then

A good score helps you get the best loans. The loan officer will be glad to see you because you will:

• Qualify for a larger loan
• Get a loan faster
• Get the best interest rates.