I was first aware of a credit report when I received a letter in the mail saying I owe hundreds of dollar from a debt collection agency. I wasn’t happy at all. So, I contacted my friend and he told me I am able to receive one free copy of my credit report from a website called annual credit report. When I received a copy of my report, I saw errors on my credit report. What I’m trying to say is I wasn’t aware of credit reports until I receive a letter in the mail.

What is an annual free credit report?

Annual Credit Report is the only authorized source to get your free annual credit report under federal law. You are entitled to receive one free credit report every 12 months from each of the nationwide consumer credit reporting companies Equifax, Trans Union, and Experian at Annual Credit Report website. The Fair Credit Reporting Act guarantees you access to a free credit report from each of the three nationwide credit reporting agencies — Experian, Equifax, and Trans Union.

Why do people need to request their credit report?

Because the information in your credit report is used to evaluate your applications for credit, insurance, employment, and renting a home, you should be sure the information is accurate and up-to-date. In addition, monitoring your credit is one of the best ways to spot identity theft. Check your credit report at least once a year to correct errors and detect unauthorized activity. More reasons why to view your credit report:

• · Buy a house, car, jewelry,
• · Take out a student loan
• · Prevent identity theft
• · correct errors and detect unauthorized activity
• · taking a vacation

Steps to take to receive your free credit report.

1. Go to annual to http://annualcreditreport.com and click your state which you’re located. Provide and submit your personal information-address, name, date of birth and etc. If you are concerned about the legitimacy of this website go here to read the facts about Federal Trade Commission says: http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre13.shtm Federal Trade Commission is a federal agency that gives consumer protection and competition jurisdiction in broad sectors of the economy. In other words it protects consumers from unfair practices from deceptive companies and people.

2. Next, Annual Credit Report will take you through a process of steps to gather and verify your information. It is entirely your choice whether you Request all three credit reports from the three credit bureaus at the same time or request one now and others later. Unless you have a security free on your credit file or fraud alert, Annual Credit report will sent your report to the following address provided.

Once you receive the credit report look for any errors, fraudulent account activity, inquires (meaning a company checking your credit to see if your qualified for credit), open accounts and any suspicious activity.

General help on credit click here: http://www.ftc.gov/index.shtml

More Help with Requesting Credit Report: https://www.annualcreditreport.com/cra/order

Hopefully, I’ve helped you request a copy of your credit report. Please comment, subscribe, become a fan and ask any questions. Take care!