Free Annual Credit Report – Government Offers Americans One Free Report from Experian, Equifax and Transunion Each Year
Posted on | November 13, 2010 | No Comments
Going into the Christmas holiday shopping season many American households start to think about personal finances as money becomes an issue at the end of the year. Not only do people start thinking about taxes but they also start thinking about ways to save money such as refinancing a home loan or car loan. With this being the case the government has offered Americans one free credit report from the bureaus of Experian, Equifax and Transunion.
The free annual credit report is currently available at one website – annualcreditreport.com. Although there may be many other websites that claim to offer free services is very important to do research and understand that the US government and FTC only sponsor one specific website when it comes to this free credit report each and every year. In fact, the FTC is now coming down very hard on those websites that claim to offer a free service but are not sponsored by the US government.
Each and every year the trend increase in January and February when it comes to refinancing a home loan or reducing high interest rate credit cards. It is very possible that millions of Americans will make a New Year’s resolution to save more money and spend much less. After the credit crisis Americans are now aware of the fact that spending more money than they have can cause great issues.
Even though the trends have changed slightly over the last several years it is still the case that there are many Americans who are in trouble with high interest rate credit card debt. Unfortunately, many of these same Americans have not check their credit report and several years and possibly even decades. Rather than allowing a credit report to go unseen for this long of time it is important to take advantage of the free resources provided by the federal government.
Having inaccuracies or mistakes on a credit report could negatively affect a credit score to the tune of 100 points. Although the free annual credit report does not include a credit score it is still wise to take advantage of this opportunity as customers will be able to address issues when it comes to mistakes or inaccuracies being reported on their financial history.
Author: Heather Best
Tags: equifax free annual credit report > experian free annual credit report > free annual credit report > free credit report online > government annual credit report > transunion free annual credit report
Comments
Leave a Reply