Archive for December, 2010
The credit report bureaus under the direction of the Fair Credit Reporting Act or FCRA have made it possible for you to access your free reports online, by phone, or through the mail every 12 months. You can request your free report at any time of the year. The bureaus as required by law did this because of the rash of identity thefts, inaccurate reporting on the part of the bureaus and because consumers have a general right to see what is in their credit reports without having to pay a fee. For some this free service has been a life saver.
The website that is regulated by the federal government and working in conjunction with the bureaus provide instant access to free credit reports when you provide your personal information. The site is a secure site so there is no need to worry about providing your information to it. Be wary however of scam websites that claim you can get your credit history for free only to charge your card later when you provide them with this information. The government website that provides your free history will not ask you for any financial information in order to charge you for it.
Having access to your files can be very helpful because you can see if the information contained in them is accurate and up to date. If there are any inconsistencies or information that you do not recognize, you can dispute this information with the bureaus and they are required to investigate it and remove the item if it is not accurate or pertains to you.
Your free report will not include your score which you will have to obtain from one of the paying services. But make sure that the site is legitimate and secure before you sign up for it. The information in your file is used to calculate your score and this is what lenders and creditors will use to determine your creditworthiness. It is like a grade you receive for your financial behavior, the higher your score the better your credit and the lower your score the poorer your credit.
If you need a hard copy of your credit files for your records you’ll need to either call the phone number or write to the address listed on the government site in order to have them mailed to you. And trough internet is always a good way.
The entire credit report industry has been thriving ever since the government has put into the law the entitlement that allows every one of its citizens to gain access to their credit reports at least once a year for free. The demand for credit reports has skyrocketed every since the inception of this new regulation, and with this rising demand has come a whole litany of companies that have been promising to deliver on the government’s mandate by offering “free credit reports” to the public. The truth is that the majority of these companies are going to require that you provide your credit card information to sign up for a free trial to gain access to your reports, and it is a rarity that any one of these companies will be able to provide you with an actual free credit report without you having to purchase something first.
To get an absolutely free credit report you are going to have to put the effort in to avoid such websites and companies and instead go to the one website has been fully endorsed by the government ever since the inception of this new mandate. This website will not charge you anything to gain access to all three of your credit reports and they will not require that you submit your credit card information al other financial information. The actual website address is AnnualCreditReport.com, and it can easily provide you with a totally free credit report without having to pay for anything. This website has been verified by millions of people who have happily been using the service they provide and you can be rest assured that you shouldn’t experience a blatant upsell process that some of the other credit report websites will subject you to when you go to request your credit reports.
Your credit report is available to you right now, you just have to reach out and grab it. The only thing that seems to me to hold people back is that they simply don’t know that the report is there for the taking, for free, right now. The Fair Credit Reporting Act (FCRA) is a Federal law which requires each of the Big 3 Major Credit Reporting Agencies to provide each and every American citizen with a free copy of your credit report, at your request. This law does not require you to have any reason other than curiosity to take a look at your report once every 12 months.
What keeps people from actually taking advantage of this terrific federal law? It seems that the only thing keeping them from clicking on the website or calling the phone number or even sending a simple letter in the mail is knowledge. No one seems to realize that these credit reports are available for free at any time, all it takes is a little initiative and filling out a simple form. The Federal Trade Commission or the nation’s consumer protection agency, is assigned the job of enforcing the FCRA and making sure these Consumer Reporting Companies don’t treat us consumers unfairly.
They are in charge of making sure to promote the privacy and accuracy of the information in the files of the Big 3 Credit Reporting Agencies. Your credit repot contains information on where you live, how your bills are paid and even arrest records. The Fair Credit Reporting Act was established to help protect this private information, making sure it does not fall into the wrong hands.
However, it seems that we are allowed to at least view our own information to verify it is accurate finally.The Major Credit Reporting Agencies were required by this law to establish a website, a toll free number and a mailing address with information and links to obtain these free credit reports. To order, you simply need to fill out a simple form and submit it in whichever form you desire. It is not possible to simply contact the consumer reporting companies and request it, you must go through the correct channels to get the report for free.
You may order your reports from each of the three nationwide consumer reporting companies at the same time, or you can order your report from each of the companies one at a time. The law allows you to order one free copy of your report from each of the nationwide consumer reporting companies every 12 months.
There is only one website out there that can actually help you to obtain the free copy of your report. However, many other sites are springing up claiming to offer a “free” credit report, but once you get down to the “fine print” it is easy to see that the “free” report is only good for a short time and in order to get the free report, you must subscribe to the site. It turns out that what these “imposter” sites are really offering you is simply a “trial period” after which you are charged on a monthly basis for these services and to still be able to view your report.
This “free” service suddenly converts to one you have to pay for after a trial period. If you don’t cancel during the trial period, you are agreeing to let the company start charging fees to your credit card. Why do you think they would ask for your credit card number anyway, if they weren’t intending to charge it.
In order to obtain your free credit reports, all three of them, from the site governed by federal law, you are not in any way shape or form required to enter any credit card information. Credit Report Repair can be done simply and by yourself with time and simple tools, you just need to know the right techniques. Obtaining your credit report is the first step to improving your credit score and fix your credit rating. Even the Federal Trade Commission has stated that “anything a credit repair company can do for you legally, you can do for yourself”.
Go out and get your credit report now and you can start improving your score and fixing your credit. Knowing your score and what is on your report can help you to take the first step and begin your credit repair. You simply need the right program to help you to repair your own credit and a good education about credit score repair.
Make sure you find the right one, with great feedback from its happy clients and a long term presence and you can be on your way to fixing your own score yourself using a simple book to get you there. Make sure you log on, pick up the phone or send out the mail and get your free credit report today and start raising your credit score.
Americans are not the only ones able to get a no obligation free credit report online. Canadians can get free online Canadian credit reports was well. The process of getting a free online Canadian credit reports is very similar to those in America. To gain instant access to your free credit report, you can use the internet. Canadians can also call a reporting agency or snail mail them to obtain their credit reports.
Most websites offer Canadians a free 30-day trial membership. This free trial will include access to your free Canadian credit report. These reports can be viewed for up to 30 days absolutely free. After the 30-day trial is expired, you will be required to pay for the membership unless you cancel it. Most people will obtain a free credit report online and then cancel the membership before being charged. This is an excellent method of obtaining free Canadian credit reports online. It is important that you remember to cancel the membership prior to the expiration of the 30-day trial membership. If you fail to do so, you will find charges on your credit card from the company.
A free credit report is extremely easy to come by if you know exactly what to do. Many people are not even aware that they have can get free Canadian credit reports. If you have a concern that someone may get hold of your personal information and make you a victim of identity theft, you need not worry.
The major credit reporting agencies make double sure, that anyone trying to access a credit report online or offline, provides the necessary proof of identity before the free Canadian credit reports can be sent. You have a multitude of options and any Canadian can get free Canadian credit report online safely and securely.
Find Free Credit Score Report Online
Article by Idan Solimani
Free credit score report online is very useful to know more about your credit status. There are many online websites that provide free credit score report online. These websites gives you free of cost credit scores, credit report and credit monitoring. Not all online websites are allowed to issue free credit score report online. The website should be legally authorized to issue free annual credit report.
According to Fair Credit Report Act, only three companies are legally authorized to issue annual credit report. They are
These three legal financial companies can provide your annual credit report once every twelve months.
The information that is included in a free credit score report online are the name of an individual, his or her full address, the mode of paying bills, file against bankruptcy, have been sued for any case. The free credit score report online will be useful to make big investments like buying property, buying furniture, buying car etc. If an individual has a good credit score according to the free credit score report online, then he or she can take home loan or car loan at a lower interest and the repayment term will be longer. But if there is a bad credit score, it will be really difficult when it comes to applying for home, car loan or for any other loan.
It is very important the an individual provide with all correct and true information while filling up the annual credit report form for getting free credit score report online. Extra care should be taken while filling credit card numbers and debit card numbers and any important bill number. If there is any false information in the annual credit report form for getting free credit score report online, it will not be accepted.
There are various reliable online websites from where you can get your free credit score report online. For accessing free report, you have to first fill up an application form to register online. The details furnished in the application form should be correct and relevant. A free credit score report online helps to understand your exact financial condition, so it is essential to get annually the free credit report. Free credit score report that you get it online is like a testimony, it provides assurance to all your creditors and it shows that you are credible enough.
About the Author
Click here for more FREE information :http://acceptingcreditcardssite.com/find-free-credit-score-report-online/Or visit at :http://financesarticles.com/
Question by dgshiner: Why are they advertising free credit score and then when you try to obtain it they want to bill you?
I have visited site that advertise “Get your credit score free”. But before you can do it they ask to bill your credit card why?
Answer by Ratto
They want to screw you out if your money, there’s no need to do that, there is a government program that allows you a free peek every year of your credit report. USE THAT ONE!
Know better? Leave your own answer in the comments!
Related Free Credit Score Articles
Your free credit reports are very important documents which you should always get every year. This will help you evaluate your overall credit standing and identify areas that need to be improved to make sure you have a good credit score. Poor credit ratings have many disadvantages which can greatly affect your financial lifestyle that may eventually affect your quality of life.
First of all, you don’t have to worry about spending few bucks for the documents because they are free credit reports sent to you upon request. There are several ways to get your free copy of the reports; such as going online and log on to the website that offers to give you free copies of your credit report. Another method is to call their customer support hotlines and request your copy; and lastly, you may ask for a copy of the request brochure from the Federal Trade Commission; fill up the form found at the back and mail it to the Annual Report Credit Request Services.
There are several reasons why you should get your free credit reports; and one of the main reasons is to check and verify if all the entries in your financial records are correct. There are many instances wherein people were very surprised that they can not get a loan; and their loan applications were always denied due to poor credit ratings even if they are prompt in all their payments and they always meet their financial obligations on time. Only then did they find out that there were erroneous entries in their credit report which greatly affected their credit score. Therefore, avoid this event to happen to you by getting your copy of the free credit-reports.
Another reason why you should get your free credit reports is to make a check and balance on your part by helping you realize which aspect of your financial behavior that needs to be improved. This will greatly help you achieve your desired high credit score in order for you to easily get applied loans approved in the future.
Still there are many things you can learn form your financial records for whatever purposes you may have today and in the future. Always take advantage of the benefits that the government and other agencies offer to you by requesting your own free credit reports today and once every year.