Why using Credit Karma is a good idea for your credit rating
Do you need to check your credit rating before you apply for a mortgage or a car loan? Do you need to see what your rating is like, so you can be sure there is nothing false or erroneous on there?
If so, before you start trying to figure out the credit rating system yourself, it may be worth your while using Credit Karma instead.
What is Credit Karma? — Credit Karma is a site that allows you to access all of your credit reports via one website. It allows you to do this for free. All you have to do is to complete their easy application form, and then they will do the rest.
What kind of information can you get at Credit Karma? — You can get all the information you need on your credit reports and credit rating at Credit Karma.
Information like your entire financial credit history, any leans you have against you, any bad debts that have been reported, and whether you are on time or late with payments.
You can also look at any bankruptcy records you may have on file, and figure out when these will finally be removed from your record.
Confirm your payments — If you feel like some companies you deal with are reporting your payments late, even though you paid them on time, or you are not sure if they are reporting them at all, you can use Credit Karma to find out.
When you request a report, Credit Karma will also give you all the information you need about your monthly payments. How much did you pay? Was the payment on time? Was it for the full amount due or just a partial amount?
All of this information can help you track payments and keep an eye on your credit rating.