The Fair Credit scoring Act requires all of the “Big Three” nationwide consumer credit revealing companies (Equifax, Experian, and TransUnion) to provide you with a free copy of your credit report every 12 months แจกเครดิตฟรี. Prior to the Fair Credit scoring Act a credit report could be nearly $10 each.
A credit report would include information on where you live and have lived in the past, how you pay your bills and whether you’ve been sued or caught. It may list your current or past employers. It will show if you have filed for bankruptcy. Equifax, Experian and TransUnion, along with other agencies, make money by selling the information in your report to creditors, insurers, employers, and other companies who will use it to evaluate your for credit to produce a major purchase, buy insurance, get a job or rent a house or apartment.
If you do a search under “free credit reports” you will get hundreds of results from companies who want to sell that you a credit report or ongoing credit monitoring. These sites are impostors whose real scheme is to pull at people who may think they will be looking at the official site for free credit status. In fact, many of these underhanded sites are actually handled by Experian, Equifax and TransUnion themselves for them to charge a fee for a similar thing you are entitled to get for free.
While there may be times that you need to buy a report or it may be appropriate to use credit monitoring services, most of us just need to take a look at our credit report annually to ensure there are not inaccuracies.
If you do get your free credit report under the Fair Credit scoring Act this year it’s important to note that the reports will not be sent automatically next year. You’ll need to make a new request each year that you would like to acquire new one.
There are a few exclusions to the 12 month rule. Under the law you’re permitted acquire free report if you are refused for a loan, job, insurance, etc. because of your credit. In that case you can ask for your report within 60 days of receiving notice of the action. All companies have to inform you if they will be checking your credit and often you can request a copy of whatever they receive simply by checking the appropriate box on the application. You can also get a free report if you are now living in one of the states that already offers free credit status from each credit-reporting agency (Colorado, Ga, Maine, Ma, Maryland, Nj-new jersey and Vermont) or you’re applying for having been fired or receive public assistance.
Here’s how to request your copy of your credit report.
The Federal Trade Commission (FTC) has generated a website (annualcreditreport. com) to order your free annual credit report online. This is the one and only authorized website to get your free credit report under the specifications of the Fair Credit scoring Act. This website is legitimate and is totally free. If you are on a website and it demanded a credit card you are either in the wrong place or you are paying for additional services offered by one of the three credit scoring agencies. Annualcreditreport. com is a great resource if you only desire a copy of your credit report every 12 months.