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Things You Must Know about Free Annual Credit Reports

There was a time when the credit consumers in the United States had to pay 10 dollar per report to obtain credit reports from three major credit bureaus. It was the time when rare credit related issues occurred. Today, most of the credit consumers are worried about issues like identity theft, poor credit score and credit misuse. Considering this, the three credit bureaus – Experian, Equifax and TransUnion – offer free credit reports once a year.

Importance of Free Credit Report

Most of the credit consumers don’t realize the importance of obtaining and reviewing free credit report. Protection and management of credit is possible only if you have the information that the creditors view before granting you a loan. People realize the importance of credit report reviewing only when they are denies a loan or suspect an attempt of identity theft.

Using Free Credit Report

While obtaining the free credit report is the first step towards credit protection, there are few other steps that must follow. You must be capable of analyzing and reviewing the information that the credit report provides. It is important that you identify entries that should have expired a long time back. Also, you must recognize information which is wrong. This calls for the need of hiring an expert credit report monitoring service.

You must also understand that the credit report from any of the three credit bureaus don’t provide information about your FICO score. You only get to know about the information that affects your credit score in positive or negative manner.

Obtaining Free Credit Reports

None of the three credit bureaus sends free annual credit report of its own. You have to request for the free credit report. Though, you can obtain all three credit reports at the same time, you may choose to obtain each of the reports at a different time of the year. It is better to request for your free credit reports through a reliable agency that helps credit consumers in the process.

AnnualCreditReport.com and the federal Trade Commission are some other sources that help consumers to obtain their free reports. You must avoid using services that come your way through search engine results, until and unless you find them to be reliable enough. A friend or colleague may also refer a reliable service provider in this direction. In any case, you must avoid getting trapped into the free credit report scam and obtain the credit report through the right approach.

Services Included:

  • 3 Free Credit Scores
  • Daily Credit Monitoring and Alerts
  • Quarterly Credit Updates and Updated Scores
  • Protection Against Identity Theft and Fraud
  • 7-Day Free Trial
    • Get Your Free Credit Scores Now

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