Get Your Annual Free Credit Report – So you might be asking yourself just what is the big deal about getting your free credit report anyway? You already have the cars you want so you won’t be in the market for a car loan any time soon.
You probably have a house payment with a mortgage rate you can live with. And you don’t need any more credit cards than you already have. So why in the heck would you want to even bother checking your annual free credit report?
The biggest reason is because it’s important to know that the information in your credit report file is accurate. Could it be that your ex-wife is still using a credit card from an old joint account that was never closed? If she was it would be in your credit report. Did the power company add a negative report from that time you were a week late with your electric bill? How about the time you were on vacation and you forgot to pay a credit card bill before you left. So you had to use another card until the payment was made. Information like wrong addresses could also be in there.
Another great reason to check your credit report each year is to keep on top of any possible identity theft made in your name.
Removing Inaccurate Credit Information
Because of the FACT Act, consumers of credit now have legal rights. Like the right to have any inaccurate information reviewed by the creditor. And then removed from your credit file if the inaccurates prove true.
Get Your Annual Free Credit Report
Get your free credit report once every 12 months. It is allowed by both state and federal laws. You can request your credit report from any or all of the three consumer reporting companies, Equifax, Experian and TransUnion. It only takes a couple of minutes to view and print your Annual Free Credit Report so there really isn’t any reason not to do so.