Free Credit Reports
and how to get them
Annual Free Credit Report
Have you enquired about your free credit reports recently? They can help fight theft of identity, and a free one can be ordered each year.
All available information regarding your credit history will be included. Consumer companies nationwide sell this to businesses to assess your financial status. This is why the information must be correct, complete and up-to-date before applying for a loan.
Your credit report can be obtained for inspection annually, as it is always changing. You will find out who has been paid off, reported slow payment, how much credit you currently have used and any new applications filed. As well as keeping track of credit history, this also reassures you that no one else is using your identity.
It lists current and closed accounts, and tells you whether you paid on time, or at a slower rate than expected by the creditors. It costs nothing to receive your credit report, but if you require your credit score you may have to pay a small fee.
Your credit history shows basic personal details, such as your name and any variations of it used, your marital status, and any past and present employers and residences. An explanation is provided for ease of reading and understanding.
You are permitted to make any amendments that may affect your application for further credit or employment etcetera. Any inconsistencies should be reported to the credit agency involved, via letter, along with supportive documentation. Three separate credit reports are available - Equifax, Experian and TransUnion, and all will require checking for errors.
Even though it may not seem vital to you right now, it is still a good idea to get a credit report, in order to avoid having incorrect or inaccurate information that you didn’t even know existed.
© Copyright free--credit-report.info 2007