Free Credit Report

The free annual credit report has already made a turn in court. Somehow the meaning of the word “free” is very difficult to understand for some people.The Fair Credit Reporting Act (FCRA) requires each of the nationwide consumer reporting companies - Equifax, Experian, and TransUnion - to provide you with a free copy of your credit report, at your request, once every 12 months.You should ask yourself the following questions to see if you are fully informed about your free credit report:

Should you feel that your current knowledge of your free credit report is not on par, I would like to welcome you to visit my website and educate yourself for free.

Regards

Drikus Botha

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TRW is an establishment that allows people, just like you, to get a yearly free credit report. It is easy to obtain a yearly free credit report from TRW. All you need to do is contact them. When you contact TRW to request a copy of your credit report, their job is to make sure you receive it. You may be asking why you should obtain a yearly credit report from TRW when you already know your credit score and that it is in good standing. Well, the simple answer to that question is that it may not be as good as you think.

Nearly every day, everyone’s credit report gets updated and details added to it. You never know if some sort of error will occur in this information or even someone else’s credit information ends up on your credit report. Most companies recommend that you obtain a yearly credit report to inspect the information contained in it. With a yearly free credit report from TRW, you will have the opportunity to fully inspect your credit report, identify and correct any errors you find in the report.

Errors do not happen very often on credit reports, but there are instances of outdated, incorrect or incomplete information. These are the things you should be looking for on your yearly credit report. If you do not find and fix the errors, you may find yourself having trouble getting credit because of them.

Errors in your yearly free credit report can have many different negative effects on your life. For example, you may not be able to take advantage of some job opportunities as a result of the errors. You may also be denied a credit card or even have trouble getting insurance for yourself and your family. You should be aware that your free yearly credit report might be slightly outdated. This is especially true if shortly before getting the credit report, you apply for a loan. This will not be included in the report.

It is possible to obtain more than one credit report each year, however, subsequent credit reports will not be free. If you have already gotten your yearly free credit report from TRW but you would like to obtain another one, you will be required to pay a fee. This fee will generally range from $3 - $8. This will depend on where you live. It is very important that you obtain your yearly free credit report to ensure that your credit rating remains intact.

Get all of your credit report information at http://goodcreditforyou.com
Copyright 2006 @ Ann Born http://goodcreditforyou.com
No part of this article may be reproduced in any manner without including the author’s bio.

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In 2003, Congress passed the Fair and Accurate Credit Transactions act (FACT), which made it possible for consumers to obtain a copy of their credit report for free. In fact, the legislation makes it possible for consumers to obtain one free report from each of the three main credit bureaus - Experian, Trans Union, and Equifax, per year. All that is necessary to do so is to write, call or log on to the Website the credit bureaus have created for this purpose. Millions of Americans have done so, and the program has been called a success so far. There’s just one problem - unscrupulous individuals have created Websites with similar names, and consumers who type the names wrong have ended up at sites designed to steal their Social Security numbers.

At last count, there were more than two hundred registered domain names with names that were similar to the official annualcreditreport.com or which contained the phrase “annual credit report.” Since it is quite easy to misspell a domain name, particularly a long one, many consumers have found themselves at sites other than the one they intended to visit. Most of these other Websites exist for the purpose of selling a credit report, rather than providing them for free, but others are designed to fool the consumer into providing personal information that the site owners may be able to exploit for personal gain. Other sites with similar names merely offer advertising or redirect visitors to porn sites.

What’s to be done? Not much, it would appear. Several of the sites that were created to fool consumers into providing personal information have been taken offline, but others will undoubtedly follow. Any sites that are established outside of the United States are immune to U.S. law, so it may be difficult for authorities to take any action. Consumers who are not overly familiar with the workings of the Internet would be better off contacting the credit bureaus directly by mail or phone. Anyone who uses the Internet to obtain a copy of their credit report should make sure that they are typing the name of the Website accurately. Failure to do so may lead to involuntarily providing vital personal information to people who shouldn’t have it.

©Copyright 2005 by Retro Marketing.

Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including End-Your-Debt.com, a site devoted to personal bankruptcy, debt consolidation and credit counseling, and HomeEquityHelp.com, a site devoted to information regarding mortgages and home equity loans.

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