Free Annual Credit Report – FTC and Government Experian, Transunion and Equifax Three Credit Analysis Help
Posted on | June 29, 2011 | Comments Off
As the economy continues to struggle to recover from the “Great Recession” it is the case that many Americans have an opportunity to take advantage of a low interest-rate environment. Before doing so it may be a wise choice to take advantage of the free annual credit report that is supported by both the federal government and FTC.
By accessing the website annualcreditreport.com Americans have an opportunity to receive a triple credit history analysis from the bureaus of Experian, Transunion and Equifax every 365 days. It is very important to note that at the present time there is no such thing as a free government credit score.
To obtain a credit score that usually cost between $15 and $45 depending on the service but sometimes it is well worth it to spend this extra money to put a numerical value on a financial history. The FTC website can direct many individuals in the correct direction when they are looking to purchase a credit score.
When accessing the free annual credit report online it is always a wise choice to make certain that there are no errors or mistakes. By having in accuracies on a credit history report it could negatively affect a credit score as much as 100 points. This could make it extremely difficult to lock into low interest rates on any type of loan including a home loan, car loan, personal loan or credit card.
But this being true it is always advisable to address these concerns as soon as possible. By fixing the mistakes or errors immediately it could be the case that some Americans save hundreds and possibly even thousands of dollars by avoiding a credit score that is negatively affected. This is just one of the many reasons that the federal government urges individuals to take advantage of the free annual credit report.
Author: Mike Garner
Tags: free annual credit report > free credit report online > free equifax credit report > free experian credit report > free transunion credit report > online free credit report