How do I get my credit report free?
Debt effects everyone, even the seniors in our lives and it can be devastating at this age.
Today, unfortunately, there is a number of seniors that are living on social security and a fixed income pension that are trying to deal with the ever rising cost of living.
Or worst, being a disabled senior without the ways or means to provide a supplementary income if needed. Compounding all of this is the rising cost of healthcare as we grow old.
As life throws these curve balls at us, we need a way to monitor and manage this while having the tools to make better and great decisions for our present and future.
Retirement is all about enjoying life and not worrying about how you are going to eat or pay your bills. Having money to explore the world or do whatever hobby that you have a passion for.
If you are treading in the debt pool, then life at this stage is very hard and frustrating. It can even have adverse effects on your health due to the level of personal stress it can evoke.
In the article, we will discuss what can cause a senior to get into debt, what are the tools available to help, and how to manage this stage of our lives without the worry of debt.
Seniors With Rising Debt!
There can be many reasons why an alarming number of seniors today find themselves in debt that seems to be unmanageable.
Many seniors in this stage of life have paid off their mortgages and car loans. However, other cost for them continues to rise.
As we grow older, more frequent visits to the doctor may be required (more visits to specialist doctors) or we may find ourselves with living assistance needs.
Unfortunately at this stage in life, many will find themselves without the possibility to make extra income to help cover these expenses; and they have to turn to lenders to help with the extra costs.
Many seniors have not included the cost of rising healthcare in their retirement calculations.
Fortunately, there is plenty of help for you to go find and plenty of helpful tools to help you manage these areas of your life. These tools will let you keep up to date with your credit score, give you the tools to manage it, and help you find the assistance if you need it.
The tool I use and I find very helpful is “Credit Karma”. This online tool is free to join (as long as you don’t mind the advertisements as this is how they get paid to provide this service to you) and is highly secure.
This is my tool of choice.
A good resource for you to be able to avoid scams is the Federal Trade Commission. Be an informed consumer and be aware of unlawful dealings.
Everyone from time to time needs help in finding the right information so they can make the most informed decisions when it comes to how they manage their debts and money.
Karma, What is Credit Karma?
Karma means action, work or deed. It also refers to the spiritual principle of cause and effect where intent and actions of an individual (cause) influence the future of that individual (effect).
Can using Credit Karma mean taking the right financial intent or actions (cause) influence your financial future (effect).
I believe it can!
Credit Karma can provide the following services:
- Free Credit Report And Scores
- As a member, you can see your accounts, your last reported balances, and what is affecting your credit scores currently.
- Monitor Your Credit Scores
- It will provide you with alerts when there is an important change on your reports.
- Provide Valuable Insights
- Learn what things affect your credit scores and what changes you can make to improve them.
- Helps You Make Better Decisions
- Get personalized recommendations to help you use your credit more wisely.
- Helps You Find Unclaimed Money
- You can find out if there is any unclaimed money in your name. This could be from an old bank account or unclaimed overpaid taxes.
- Provides You With Security
- They use 128-bit encryption to protect the transmission of your data to their site.
- Credit Karma Has Your Privacy
- They will not share your personal information with unaffiliated third parties for their own marketing purposes.
Please watch this unbiased review here and learn 5 important facts about Credit Karma:
You can easily use Credit Karma on your laptop or desktop computer. If you prefer a more mobile approach, you can find Credit Karma apps for both IPhone and Android smartphones.
Credit Karma provides many more opportunities and assistance to help their members as you can see by pressing here.
Who Are The Top 3 Reporters?
The top 3 reporters of credit are:
- Equifax or by phone at 1-866-349-5191
- Experian or by phone at 1-888-397-3742
- TransUnion or by phone at 1-800-916-8800
Credit Karma provides you information from two of these three. They are Equifax and TransUnion.
Equifax:
TransUnion:
What Else Will It do?
Credit Karma currently has over 75 million members as it provides unique insights on credit cards, mortgages, person loans,
student loans, and auto loans.
They also provide geographic, demographic, and socioeconomic data and tips to help you live the best financial lifestyle you can.
You can use these helpful links where you can find articles to better educate yourself and find valuable information:
- Credit Reports
- Credit Scores
- Auto
- Student Loans
- Credit Fumble
- Taxes
- Financial Planning
- Millennial
- Mortgages
- Credit Dispute
Conclusion
Credit Karma is an excellent tool for seniors retired or not. This can be a proactive way to keep your financial situation into check.
If a problem does arise, then this is a great tool to help you figure it out and manage it to the best of your ability.
In today’s world, there is no reason for anyone to be uninformed and not to have the ability to be in control of their situations.
The more we know, the better we will be.
Be in control of your life, you deserve that!
I have written article on how to make money online or from home that you can read here.
I have written articles on how to make money in retirement using you passion or hobby that you can read here.
So when you are asked.
How do I get my credit report free?
You know to tell them, Credit Karma!
I hope you have found this article informative and helpful.
If you have any questions or comments, please leave those below and I will get back to you ASAP. I am interested in knowing what you think about this topic as well.
Thanks
I have a Credit Karma account. I love it just to keep track of my credit and make sure no one is taking advantage of mine 🙂 It has a lot of helpful tools for sure. I think that anyone who cares about their credit score, their debt, and having options, should use Credit Karma.
You are right to stay informed about not only your credit, but the tools that can help you plan and be proactive. Credit Karma is a great tool and very secure.
My goal is to help seniors and others to understand that they are not alone. There is great help available today if you just look. It is unfortunate today as many of our seniors are not as prepared as they should be as you can see in this article.
This is why I have combined my retirement niche with my promotions of WA.
Thanks for the comments.