Searching for a sample credit report is something that a lot of people seem to do online. While a sample credit report might give you an idea of what to expect, getting one is largely a waste of time. Here's why.
The credit reporting industry is largely regulated and the Fair Credit Reporting Act really protects the consumer.
So much so, that it is actually law that each of the consumer reporting companies, Equifax, Experian, and TransUnion, are required to provide you with a genuine, full and free credit report once per year, if you ask for it.
Instead of getting a sample credit report, you can get the real thing!
Of course, the trick then is knowing what to do with it. But that's not so hard either.
Your genuine credit report simply lists all items collected by the consumer reporting company that affect your credit rating.
Once you get your credit report, you simply have to pick out the items on it that are either wrong or not totally right. Each of these items offers an opportunity to improve your overall credit score.
Write a letter to the relevant consumer reporting company listing each of the items from your report that you think are either inaccurate or misleading. If you have any, then it is a good idea to attack documentary proof of why you think each item needs to be revised.
After that, the company will look into your claims and if the report is changed they will send you a new one with the changes.
So why bother going with a sample credit report when you can get the real thing and make some real changes?
Of course if you are not really sure what to do with your report, which items to dispute or how to go about disputing those items, then you might like to consider the services of a credit reporting company to do it on your behalf. Often they will have a better rate of success as they know exactly what can be disputed and they will know the best process to ensure a positive outcome. Many of them work with a results guarantee too.
Such companies will monitor your credit report on your behalf and provide you with itemized lists of the improvements that they attain on your credit report.
The investment in a reputable and respected credit reporting company is often well worth getting cheaper and more credit based services in the long run.