Tips On Getting Your Free Yearly Credit Reports

The Fair Credit Reporting Act grants you the opportunity to request a copy of your credit reports every year. This was enacted by the Federal Trade Commission to allow consumers to review their credit report for errors and misuse. The tips on getting your free yearly credit reports below will help you get started.

What Is Detailed in Credit Reports

Your credit report contains personal facts and credit related activity. It tracks past addresses, mortgages and credit cards, and monetary judgments such as a law suit or bankruptcy filing. This report is analyzed by credit card companies, employers, insurance companies, and others to determine your credit qualification. It is therefore worthwhile to confirm that the information does not contain any issues.

Obtaining Copies of Credit Reports

There are three major credit bureaus: Transunion, Equifax, and Experian. Each will retain slightly distinct sets of information. They also tally scores differently. There is a combined website at annualcreditreport.com where you may receive a copy of your reports. You can also contact them at 1-877-322-8228 or print and mail the request form found on their website. You will be asked to give your name, date of birth, social security, and one or more addresses to establish your identity.

Other Website Options

There are many alternate online resources that pull information from individual credit bureaus and monitor credit activity. They notify you of any events in your profile (such as your score being requested or new debts being created). This is useful for following your score during the year and notifying you of any unauthorized activity.

CreditKarma.com is one service that offers free service and will not even require a credit card. Many alternate sites are broadcast as free but actually start charging after an first month, so ask about the conditions when you sign up. Additionally, beware of forged sites that target typical mis-typing of urls. These websites may be set up to grab your identity.

Summary of Tips On Getting Your Free Yearly Credit Reports

The above tips on getting your free yearly credit reports will help you manage your credit activity. Get a copy of your report and inspect it closely. Contact the credit agencies to fix errors. For more complicated issues, consider contacting a credit repair specialist for further assistance. This article is provided strictly as an introduction and should not be considered financial advice.

About Mini Major

Mini views the purchase or sale of a home as a major life transition that usually evokes a wide array of challenges and emotions She brings her strong analytical, communication, and mediation skills to that process. For buyers, she helps to assess realistic goals and maps out a facilitation strategy that is uniquely designed to meet their individual styles with limited stress. For sellers, she provides honest, factual information necessary to set the right price and, together with the extraordinary resources of the Bean Group, provides state-of-the art marketing materials to present that property with appeal to the most appropriate potential buyers.

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