Every now and again, we take the opportunity to provide additional information on one of WilliamPaid’s functions or tools - to give you a little more color on why it might be helpful to you. Today, the WilliamPaid spotlight is on our Credit Score Estimator.
Every year, you are entitled to receive a free copy of your credit report from each credit bureau. We recommend that you do this each year so that you can both monitor your credit status as well as stay on top of any potential identity or credit fraud.
If you haven’t ordered a credit report, are looking for an interim update or are looking for a simple estimation, our Credit Score Estimator is perfect for you. By answering just six easy questions, you will receive an estimated credit score.
In addition to receiving an estimated score, our Credit Score Estimator will let you know, generally, how you are doing. That is, is your credit excellent, good, fair, poor or bad? This will give you some perspective when you review your full credit report.
Our Credit Score Estimator will provide you with something else that your credit report won’t: a “grade” of how you are doing in each individual category. Based on this information, you will know what areas of your credit file you should focus on. For example, you might receive A+s in the length of credit history and the types of credit accounts, but only a C for the amount of money owed. Now, you know that you should focus on reducing your debt levels.
Once you’ve estimated your credit score, be sure to check out our tool on your personalized “My Page” (your home page once you’ve logged in) that let’s you see representative rates based upon your credit score - and how they would improve if you had your rent payments reported over periods ranging from six to 24 months. You won’t believe the difference that reporting rent could make. Check it out.
As always, if you have any questions about the Credit Score Estimator or anything else, just contact us. We’ll get right back to you.
