Is this for Real? Free Annual Credit Report?
Written on February 1, 2009 – 12:27 am | by admin
Yes, the title says it all and the best part of it, it’s 100% true. Believe it. Why? Because everyone is entitled having free annual credit report. This is stated by FACT or Fair and Accurate Credit Transaction act amendment to FCRA or Fair Credit Reporting Act.
This free annual credit report is processed by any of the three main credit-reporting companies namely: Equifax, Experian and TransUnion. But on the condition provided that you make the request in the centralized source. Remember: These companies do not automatically send you free credit report, you can only get them if you request for it. You can even get all three annual credit reports for free, which will help you, spot check if your credit report is accurate.
Now you may wonder: Why would you want to get another mail that will remind you of your pending credits and credit history? The answer is simple: It can help you. This report contains your personal information concerning your finances. Creditors, insurance companies, even your employers can view this file upon request so if they have access to those information, now is the time to for you to have your own copy.
After all, it’s your own credit history. In addition, these information dates back to at least 7 years of activities being archived! How would you feel once you realized it too late the reason why they found out that these companies refuse to entertain your loans and financial assistance just because you forgot that you have a bad credit rating 2 years ago while you sit there muttering and wondering all these years why. Knowledge is power! Own your credit report
When they say FREE, they meant FREE because the law states so. These companies, when processing your free annual credit report, are restricted to gather credit information only as deemed necessary to process your report.
So how do you get those reports? You can get them in three easy ways: For internet savvy people, you can log on to www.annualcreditreport.com. This is the only official site for people to request for their copy of their credit report. Alternatively, you can grab your phone and call 877-322-8228. You can also snail mail it by sending the complete application of the Annual Credit Report Request form and send it to Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA, 30348-5281.
Not all things in life are free – but you can be assured that you can always receive your annual credit report for free!
Tags: Annual Credit Report