full-timing and credit rating
Right now, our credit is excellent. But once we sell the house (in a rather desirable zip-code) and live debt-free, i'm worried that it will hurt our credit rating. What affect, if any, has full-...
Forum Discussion
beemerphile1 wrote:
Selling a house and going full time should not adversely affect your credit.
A good place to check and monitor your credit for free;
https://www.creditkarma.com/
You can play with different hypothetical changes and see the effect on your score.
The site for federally mandated free credit reports (does not include FICO score);
https://www.annualcreditreport.com/index.action
I recommend that everyone should place a credit freeze on your account at each of the three reporting agencies. At most it will cost you $30 depending on state of residence. It is the only way to be guaranteed to prevent id theft and can easily be thawed at any time. Monitoring services are a waste of money and not worth having even if free. For info; http://www.clarkhoward.com/credit-freeze-and-thaw-guide
X2 on the freeze. I did it years ago. Nobody can open any kind of account in your name if the credit check fails. It doesn't matter how much info they have. It cuts down on the junk mail credit offers too.
