Free Annual Credit Report Once a Year Sponsored By FTC and Federal Government – Reports from Experian, Equifax and TransUnion
Posted on | April 28, 2010 | Comments Off
Keeping up with a credit report can save Americans a great amount of money over the course of their lifetime. Luckily, the FTC and Federal Government have sponsored one free credit report each year from Experian, Equifax and TransUnion. To access this free annual credit report you must use the website annualcreditreport.com. It is very important to use this website as it is the only website sponsored by the FTC and Federal Government.
By checking your credit report at least once a year you will know that there is less likely a chance that there are many inaccuracies. It is very surprising how many Americans have mistakes on their credit reports yet they do not know it. These errors could cost you up to 100 points on your credit score which could mean a world of difference when it comes to getting a low interest rate on your mortgage or car.
If there are any mistakes on your credit report it would be wise to address these mistakes as soon as possible. If you continue to wait you are going to find that your credit score is negatively affected and it could be hard to pull the score back up.
Author: Jeremy North