A person’s life may be counted in years and decades; however, the hard work an individual endures over their life time is for various reasons that is a basic necessity of life. When a youngster steps foot in a workplace for the first time in his or her life, there are a million things running through their heads. When one happens to fill up the many applications in the employment procedure, they will find themselves filling out something called a retirement planning scheme. The obvious question which might arise in their minds is the necessity of planning for something which is bound to arrive decades later. Each one of us have seen our parents and guardians plan for our lives over years of studying and savings. Planning for a ward’s future is one of the reasons why individuals work hard for. It is in the nature of the world that humans have the inherent responsibility to pro create; however, there are about a million responsibilities that are attached with it. Some of those responsibilities are best when planned for much ahead of time.
Apart from planning ahead for a child’s future, thinking about one’s own future is nature’s course of thinking. When the child for whom one works so hard for is established and begins his or her own journey, it is obvious that parents would not want to be dependent on them for basic or any needs of their lives.
This is where retirement plans come into picture. Beginning from that small form that one fills in the many companies we work for ensures that we have a little something tucked away from each pay check that goes towards a mega fund which in turn is used in one’s senior years.
There are many necessities that one might find themselves in when spending their grey years. The need and demand to be independent financially has become utmost important in the social circle today. Necessities like unforeseen medical expenses, funds for serious or otherwise health related issues, funds of retirement homes or retreats, funds for large scale rehabilitation process if needed, and last but not the least, funds for personal dreams to be fulfilled. These are the requirements that retirement annuity takes care for someone who has the sense of investing in one in a regular basis.
There are companies that work on collecting and maintaining credit information of consumers. These are known as credit reporting agencies (CRAs). There are three such major CRAs in the country, namely Equifax, Experian, and TransUnion. Apart from these, there are other smaller-scale agencies too that specialize at the job. If you’re worried about “where to get my credit score?,” the larger CRAs are the most reliable bets.
These major CRAs obtain information from companies that you hold business and transactions with. People or companies that lend you money regularly report to these CRAs on your repaying status. There is also detailed information on the amount you are indebted and whether you have ever defaulted on your payments. Aside from the reports obtained from lenders, these companies also tally your general records based on certain other aspects. Some of these aspects are your public records from the local and state judiciary. These include your tax records and bankruptcy information. This information makes up an important chunk of your credit score and its report.
Equifax
Present in 24 countries, Equifax is an agency that offers consumers protection against identity theft and credit fraudulence. They also sell credit reports and credit monitoring assistance to businesses.
Experian
Experian started off in London and is now a trusted agency in 39 different countries. It provides you with a credit score, credit report, and even credit tracker on subscription. The agency uses FICO 8 system of credit score calculation. Experian was a part of Forbes’ “World’s Most Innovative Companies” in 2018.
TransUnion
Based across 30 countries with a database of over 1 billion consumers, TransUnion is another CRA giant. The agency, like the other ones, will provide you with your credit score and your credit reports. In case you decide to freeze your TransUnion credit report, it will also go the extra mile to notify Equifax and Experian, which frankly is a big help especially in case of identity theft and credit fraud.
So, the next time you are sat wondering “where to get my credit score?,” think of these three giants that provide you with an annual credit score and credit report for free once each year. However, if you are looking for more frequent updates, you can subscribe to their services and receive your monthly updates.
Did you know that you have more than a single credit score? Agencies calculate your credit score based on the data in your credit reports. If you are wondering, “where to get my credit score?,” there are three main credit reporting agencies. These can have different credit scores for you if your information on each of their credit reports is different. Also, these agencies charge a fee to reveal your credit score.
Recently, it has become easier to track and get hold of your credit score without paying any fees. You can get it from your credit card company, your loan provider, and even from a non-profit counselor. Here are a few tips you can use to check your score.