How to Pull Your Credit Scores for Free

An excellent credit score opens many doors. "When you apply for credit -- whether for a credit card, a car loan, or a mortgage -- lenders want to know what risk they'd take by loaning money to you," explains MyFICO.com. Lenders determine your credit risk through your credit score. While credit reports are offered to consumers in most states annually at no cost, the credit bureaus typically charge a fee to see your three-digit credit score. You can avoid these fees using a free online service. Alternatively, when applying for a loan, you can also obtain a copy of your credit score at no charge.

Instructions

Free Online Service

1

Sign up for an account with a free credit score reporting service such as Credit Karma or SpendOnLife.com (see Resources).

2

Create a username and password for your account. Choose the option to continue to the next step.

3

Enter your full name, physical address and previous addresses, telephone number, e-mail and Social Security number. A Social Security number is required to gain access to your credit records and verify your identity.

4

Submit your application. Click "View Credit Score" from the main page.

Loan Application

5

Apply for a car, home or personal loan by visiting a local bank or mortgage broker.

6

Enter your personal details on the loan application. These details vary, but generally include your full name, employment information, physical address and previous address, Social Security number and contact details.

7

Request to view your credit ratings after your loan has been processed. Loan officers will typically provide you with a printout of your credit score upon request. Be advised that the bureau or agency the lender uses to retrieve your credit score varies from lender to lender.