Things you should know about annual credit reports

THINGS YOU SHOULD KNOW ABOUT ANNUAL CREDIT REPORTS

Your personal credit report is a very important tool in your life. This report is used by our employer, insurance agents, banks and companies that assesses our credit applications. Therefore, you must be certain that the information in your credit report is accurate and precise. This can be done by being aware of your credit activities and by careful monitoring. It is recommended by the United States Federal Commission to check your credit report annually. In fact, it has ensured a number of laws which you can make use of, so you can get your credit report for free. Yes! you are entitled to a free credit card report. To name a few, these 3 bureau credit report agencies: Equifax, Experian, and TransUnion, offers free services so that your credit report needs and processes will go smoothly. They also give ideas and suggestions on how to make the best use of these services.

A consumer can course through a request report from all these agencies at the same time or in a staggering manner throughout the 12 month period. It is a way to see your free credit reports from all 3 bureaus. You are not required to provide a credit card number to avail of this service. You only have to establish an account. But you must also be mindful because there are many of fraudulent websites on the internet assuring to give you free annual credit report. They usually ask for your credit card information and then convince you to register in a trial membership. Once you are enrolled and you don’t cancel the trial, you will end up paying for a full period of the credit monitoring service. So be very cautious and careful in choosing the websites you wish to enroll to. Do a little research about the sites that are legitimate. Remember that the true websites does not require you to enroll in any trial subscription. You can order your annual credit report and receive it at that same day.