Free Annual Credit Report Different from Possible Government Free Credit Score – Financial Reform Bill
Posted on | May 27, 2010 | Comments Off
The current free annual credit report that is available from the government and FTC is different than the possible free government credit score that could be in the financial reform bill. The free annual credit report is given to each American through annualcreditreport.com.
The possible free government credit score will not be available through a website but will only be available under certain conditions. With this in mind please do not expect to be able to get a free credit score by simply signing up for a website or service. The conditions of this free credit score are murky at the present time but we should know more in the very near future.
It would be a very wise decision to check your free annual credit report due to the fact that your credit score will greatly determine the interest rate on any amount of money you desire to borrow. If there are many inaccuracies on your credit report you could be receiving a much higher interest rate than you deserve.
At the present time there is no such thing as a free credit score as you will have to pay for this service. It might be worth it to shell over the extra $15 to understand what your credit score is and how it is calculated from the credit bureaus.
Author: Jeremy North
Tags: annual credit report > credit report > credit score > free annual credit report > free credit score > government credit score > government free annual credit report