Resolve to improve your credit score in 2009

Posted by Caitlin on January 6th, 2009

When you sign up for a 30 day free trial of Equifax's credit monitoring service, you'll also get a free Equifax credit report and your FICO score. Your Equifax credit report and FICO score will have a section devoted to explaining what, exactly, your FICO score means. This section tells you where your score falls in comparison to other consumers, lists the specific factors that are helping and hurting your score, and offers suggestions on how to improve it. Your report will also explain what your FICO score means to lenders, and how it will impact their perception of your loan risk. A unique feature offered by Equifax is the FICO simulator, which is a useful tool that predicts how your score might change over time. The first three tabs let you play with different scenarios to see what actions could raise or lower your score, and the fourth tab advises you on the best strategy for improving your score.

If you'd like to improve your credit score in the new year but aren't sure how to go about it, a credit report and FICO score from Equifax could be just the help you need. To learn more about Equifax with Score Power and other credit report and score services, see our reviews and comparison chart.