Why to Get Your Credit Report Free
You are allowed to have a credit report free every year. This is a good idea because it will help you to stay on top of your financial situation and help you to determine whether you will be eligible for credit at some point in the near future. You can actually gain your credit report free three times in one year because there are three companies that you can go to.
You should make sure that you only trust the three companies for your credit report free. This is because they work with the government unlike the high number of scam companies that are out there on the market. You will definitely get your annual credit report without having to spend any money rather than paying for something else to get it or tying yourself into monthly payments.
Experian, Equifax and TransUnion are the three companies to go to when you want to get your credit report free. You can go to them online but you should always ensure that the website is right. There are a number of companies that will pretend to be one of the three companies and will have a website that looks very similar. However, you should check the address bar to make sure that you really are in the right place; you will need to give your social security details to get your report and handing them on the wrong website will result in identity fraud.
You can gain your report from all three websites on the same date. However, it is usually best that you spread that out over the course of the year. This will help you to stay on top of your finances and will help you spot if there is something that is not supposed to be on your credit report free. This is very important because one black mark, depending on the severity, could prevent you from getting credit in the future.
There are times that companies will not change something that you have asked them to, so getting your credit report free from one company will help you to spot that. Once you have asked to get it changed, it is time to get it from the second company; you will be able to see if this disputed payment has changed or whether nothing has been done.
Seeing your credit report free will also give you the chance to add any notes that you need to, such as being out of work. If you have had a change of circumstances, you should put this next to any bad debt or missed payments that you have had. However, do not put this on too much; while lenders do need to read the notes, too many will deter them from bothering and you will not always gain the credit that you were wanting even if you can now afford it.
Checking your credit report free each year is an excellent idea to ensure that you are aware of your financial situation. However, you should always ensure that you get your report from the three main companies so that you are not putting yourself at the risk of losing money.