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The Truth About Free Credit Reports?

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The question still lingers in every consumer’s mind. Is there such a thing as a free credit report. Though many sites claim and advertise free credit report, there is free credit report and is available to the public through one site. Based on laws governing credit and credit reports every individual is entitled to one credit report per year from each of the credit bureaus in United States: Experian, Equifax and TranUnion.

Usually other sites and services sell you services such as credit monitoring or identity protection for an ongoing charge but at annualcreditreport.com sole purpose is to provide the consumers a free copy of their credit report each year.

Keep in mind that besides the annual provision for getting a copy of your credit report you are also entitled to get a copy of your report when and if you are denied credit. So in another word if you applied for credit at a bank or a credit card or any other circumstance then you are entitled to get in touch with the credit bureaus and demand to see a free copy of your credit report to investigate any reasons why you might have been denied credit. Checking your credit report and reviewing it for accuracy is very important in order to prevent and identity theft issue as well to avoid being denied credit. It also is a good tool for improving your credit by learning what is negatively effecting your credit report and or your credit score you can insure not to repeat the same mistakes or in case of errors to ask the reporting company to correct the error.

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