Annual Credit Report
Posted on May 21, 2015 in Annual Credit Report
Several years ago when the FTC passed the Fair Credit Reporting Act they included a provision that stated every consumer is entitled to a free credit report online once every 12 months from the three major credit reporting bureaus. The reason why the FTC wanted every consumer in America to have access to their credit report is to provide more insight into people.s credit history and what negatively impacts them. By allowing consumers to view the credit reports once every year people are able to closely monitor their credit score and quickly dispute any errors that they may encounter.
When looking to receive your free credit report online it is important that you visit the correct website. There are many websites out there that claim to offer free credit reports online, but there is only one federally backed website that is actually free and will provide you with your credit history from all three bureaus. This website is www.annualcreditreport.com. It is important that you order your free credit report online from this website as you will not need to order your credit history from each of the agencies separately. Annualcreditreport.com will do this for you automatically.
With more and more people falling on hard economic times, many other free credit score websites have been popping up across the internet. The vast majority of these websites are scams and actually do not provide the free service they claim. These websites will try to charge you a monthly fee for running your credit history. This is why the federal government endorses annualcreditreport.com, so consumers have a safe location to order their credit reports online without the fear of falling victim to an internet scam.
There are several different ways you can order your free credit report online from annualcreditreport.com. The quickest and easiest way is to just enter all of your information right on the website. If you choose this option you will be able to receive your credit information in a matter of minutes. If you do not feel comfortable entering this sensitive information online you may also order your free credit report over the phone or vial regular mail. These two options will take a little bit of time though to actually receive your report. When ordering over the phone or through the mail you should receive your credit report in about 15 days.