Free Credit Report ???

We’ve all seen the adds. Check your crdit score for free, findo out your score before you go to the bank. Sound famikliar?

There is only one site where you can get the free credi report. It is http://www.annualcreditreport.com. The site is operated by the Federal Trade Commission and was established after the Fair and Accurate Credit Transactions Act of 2003. This act gave consumers the right to obtain one free credit report  from each of the big three agencies each year. These agencies are Experian, TransUnion and Equifax. You can also call toll-free to 877-322-8228.

The other sites often bombard you with supposed free offers and other advertising. In many cases the free credit report you are seeking can only be obtained by purchasing a credit monitoring program that can cost you a significant amount of money.

Checking your credit from time to time is a good idea. It will help you to audit spending patterns and detect possible fraud and identity theft. It can also help you to understand terms that loan counselors are discussing with you. It puts you in a better position to make financial decisions.

Please contact me if you have any other questions through this site.