Your Credit Reports
News from CBS Local:
BOSTON (CBS) – Credit reports are important. They are often the way a creditor, a potential employer, a landlord or an insurance company will judge you. Yet more than half of all consumers have not checked their credit report.
The three large reporting companies, TransUnion, Equifax and Experian, will provide you with an annual free copy of your credit report, but you must ask for it. And only about half of all consumers ever follow through with this.
You can get your free report by logging on to annualcreditreport.com. This central site allows you to request a free credit report, once every 12 months, from each of the large credit reporting companies.
You can also do it by snail mail but you’ll need to get online at the Federal Trade Commission’s (FTC)
How Do I Get My Free Annual Credit Report?
News from Financialbuzz.com:
Did you know that approximately 7% of all Americans are victims of identity theft? The Bureau of Justice Statistics suggests that credit fraud and identity theft accounts for $ 5.55 billion in losses each year, and this number is on the rise as technology plays an even bigger role in finance and banking.
It’s imperative that you regularly monitor your credit report and watch for signs of questionable activity. The sooner you that discover that you’re a victim, the better suited you’ll be to stopping further damages and repairing your credit.
You’re Entitled To An Annual Report
Federal laws in place entitle you to one free annual credit report each year from each of the three major credit bureaus: Equifax, Experian, and TransUnion. Requesting an annual credit credit report is a great way to keep close track of your financial standing and closely monitor it for illegal activity. It also comes in handy to…………… continues on Financialbuzz.com