Why You Should Get A Free Copy of Your Credit Report
March 16th, 2008
For years, the credit industry has tried to prevent you from seeing your credit report. Thanks to pressure from the government and consumer agencies, all of that has changed. It is now easier than ever to obtain a credit report.
Why Get a Copy of Your Credit Report?
Your credit report contains personal information that can determine whether or not you are eligible for a loan, credit card, insurance, housing, employment, and other services. When you obtain your credit report, you can see everything that is being used to make these decisions, such as your credit score.
There are many online companies that now provide you with instant access to your credit report. Of course, you can take the time to go to each of the three independent credit bureaus and get your free yearly report, BUT, you have to go to each one and they make you pay extra to get your credit score.
By clicking here , you can get all three reports AND your three scores for free. This will automatically enroll you in credit monitoring. If you like the monthly monitoring so that you can keep a close eye out for identity fraud, then by all means, please enjoy your efficient new monitoring service.
If you don’t want the ability to keep a close eye on your credit, then simply cancel your membership in the first seven days. No problem, and you still have your three credit reports AND your three credit scores absolutely free. (A $45 savings) DEFINITELY a better option than having to go to the three different bureaus (Equifax, Transunion & Experian) and getting three separate reports, with NO SCORE…just don’t forget to cancel the service if you don’t want it.
Reviewing Your Credit Report
Pulling your credit report gives you a chance to check it for accuracy. Mistakes can happen. Unfortunately, they often go unnoticed. If there is inaccurate information on your credit report, it is your responsibility to find it and report it.
Checking your credit report has become even more important due to the rise in identity theft. There are companies like LifeLock that can help. When people steal your identity, they may be using it to make purchases in your name. Any unfamiliar creditors that appear on your report should raise a red flag immediately. LifeLock
only charges $10 per month monitoring fee, and that is a small price to pay when you consider the ramifications of id theft.
Check Your Credit Report Regularly
Checking your credit report couldn’t be any easier. Take advantage of the availability of instant online credit reports and get a copy of your credit report at least once per year. A regular review can prevent little problems from becoming big problems.
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