Getting Your Free Credit Report

A credit report contains the following: a detailed history of your account, date of account opening, current balance, the payment history of the account and is the main determinant factor of your financial life. As it is used by many businesses to make decisions about you.

You are advised to always check your credit report at least once every 12 months to have accurate information in your credit report. Each of the credit bureau ( the companies that compile your credit report)  gives your credit report for sale, but you can get a free credit report from each of the credit bureaus.

AnnualCreditReport.com

Through FACTA you can be given a free copy of your credit report from each of the three major credit bureau: Experian, Equifax, and TransUnion, every year.  According to the Fair and Accurate Credit Transactions Act of 2003 (FACTA). So you can order your credit report and use it to monitor your credit history.

For those who wish to get their annual credit report, there are ways of doing so, you can do so under the FACTA. Without you having to contact the credit bureau directly for your free annual credit report. The possible ways are:

  • Visiting the annualcreditreport.com Online
  • Through phone, if you call 877-322-8228
  • By mail, that is printing a request form (Adobe viewer required) and then mail it to the address on the form.

Requesting

The Fair Credit Reporting Act permits you to have to a free credit report in certain circumstances. It is an addition to your free annual credit report. These circumstances include:

Your application can be rejected because of the information on your credit report. Which are credit, insurance, and employment applications? And you are given 60 days from the date you notice it, to ask for a free copy of your credit report. But, you will be given a notice that has contact information for the credit bureau that gave the report used in making the decision.

If you are unemployed and plan to start a search for a job within 60 days.

If you are on healthy with no deformities.

If you are a victim of identity theft and have incorrect information on your credit report.

State Laws

There are states that have laws which give you the right to get a free credit report plus the free annual credit report you are qualified for by Federal law.

Getting Your Free Credit Report

The Fair Credit Reporting Act gives you the right to a free credit report in certain circumstances. In addition to your free annual credit report and these circumstances are :

The State, it cost and frequency is below.

  • Colorado Free, then $8 One free per year
  • Georgia Free, then $11.50 Two free per year
  • Maine Free, then $5 One free per year
  • Maryland Free, then $5 One free per year
  • Massachusetts Free, then $8 One free per year
  • New Jersey Free, then $8 One free per year
  • Puerto Rico Free, then $11.50 One free per year
  • Vermont Free, then $7.50 One free per year
  • The states below have reduced prices for credit reports.
  • California – $8
  • Connecticut – $5 for the first credit report each year, subsequently $7.50.
  • Minnesota – $3 for the first credit report each year, then $11.50;
  • Montana – $8.50
  • Virgin Islands – $1

So you can order your free state credit report through the credit bureaus:

  • Experian or call 1866-600-6020
  • Equifax
  • TransUnion.

Subscription or Credit Card is not Needed

A lot of websites gives at least one free credit report. Go and register with these sites to get a copy of your free credit report:

  • CreditSesame.com
  • Creditkarma.com
  • WalletHub.com
  • Quizzle.com

These sites do not need your credit card number or register you in a trial subscription to access your free credit report.

Understanding Your Credit | Getting Your Free Credit Report

Try to understand how your credit works and how your credit scores are affected by your actions such as; late payments, opening a new credit card, e.t.c.

With the Fair Isaac Tools; creators of the FICO credit, you can understand your credit score, get a free credit score estimator, and a loan saving calculator.

Supervision

Some companies such; CreditSesame and CreditKarma gives free monitoring. If you are nervous about theft or want to improve your credit score, you are to be cautious of your credit score.

Some companies might give you a year or several years of free credit monitoring if your credit information has been compromised as a result of a breach of their data storage system.

Be Cautious of Some Offers.

Above all be mindful of sites that give free or discounted credit report and request that you send your credit card number to sign up for a free trial. Because these sites register you in a trial subscription to a credit monitoring service and start charging you monthly if you do not cancel the subscription before the trial period ends.