Your Credit Report
Did you know that there are three major credit companies? Equifax, Experian, and TransUnion are the credit bureaus that you’re most likely to see — they’re sometimes called “The Big Three” credit reporting agencies (or “CRAs”).
Did you know that you can get a free credit report every year from each of The Big Three?
Get All 3 Credit Reports Plus 3 Free Scores, Click Here!
It’s true, and there are no strings attached. It’s a consumer right! Just go to Click Here and you’ll be able to see your credit report in no time!
There are a few things to keep in mind:
- This is your credit report, not your credit score. The CRAs will almost certainly ask you to pay to get your three-digit credit score.
- You may not want to get all three at once. If you only check one CRA each time, you can spread it out over the year and get an up-to-date credit report for free every four months!
- There are a lot of websites that want you to think they are the official, government-authorized site. Some are just sleazy, but others may be dangerous. Only www.annualcreditreport.com is completely legitimate!
The United States government recognized the possibility of issues and abuses by credit reporting agencies in the 1960s and responded with the 1970 Fair Credit Reporting Act (FCRA). This law established fair practices and allowed for regulation by the Federal Trade Commission (FTC), as well as establishing certain consumer rights and responsibilities.
Consumer options expanded with the 2003 Fair and Accurate Credit Transactions Act (FACTA), which gave consumers the power to get a free credit report each year. FACTA also gave consumers extra tools to assist with credit report rights and security, especially concerning fraud and identity theft issues.
Eight US States (California, Colorado, Georgia, Maine, Maryland, Massachusetts, New Jersey, and Vermont) already had a law that required CRAs to provide free credit reports, so some people think that the Federal government was more interested in taking back power from the states and serving the financial industry.