Credit reporting is one of the most important determinants of whether or not you get a loan from a loan provider. Your accounts contain a detailed history of your credit accounts including the date you opened your account, your current balance, and your account’s billing history. How to get free credit report in the US?
To know people have a bad credit score or not to get a personal loan, people should usually check credit rating. Customers are advised to check the credit report annually to ensure accurate information in the credit report. Because there are many businesses using your credit report to assess your repayment ability and make a decision whether to lend to you or not.
HOW TO GET FREE CREDIT REPORT
Because so many businesses use your credit report to make decisions about you, it’s important that you check your credit report at least once a year to be sure the information in your credit report is accurate. This post guides customers to check my credit score online.
1. How to get free credit report in the AnnualCreditReport.com
The Fair and Accurate Credit Transactions Act of 2003 (FACTA) allows people to receive a free credit report. Through FACTA, you can receive a free credit report from three major credit bureaus – Equifax, Experian, and TransUnion – each year. People should take advantage of this ability by ordering the credit report and using it to monitor the credit history.
You should take advantage of this ability by ordering your credit report and using it to track your credit history.
There are specific ways to get a free annual credit report that is allowed under FACTA.
- Online, by visiting www.annualcreditreport.com.
- By phone, by calling 877-322-8228.
- By mail, by printing a request form (Adobe viewer required) and mailing it to the address listed on the form.
Don’t contact the credit bureaus directly for your free annual credit report.
The Fair Credit Reporting Act gives you the right to report free credit under certain circumstances. Beyond your free annual credit report. These cases include:
- You declined the application because of your credit report information. It includes applications for credit, insurance, and employment. You have 60 days from the date you learned of a refusal to request a copy of your free credit report. The company will send you a notice including contact information for the credit bureau that provided the report used to make the decision.
- You are unemployed and intend to start looking for a job within 60 days.
- You are on welfare.
- You are a victim of identity theft and have incorrect information on your credit report.
3. The State Free Credit Report Laws
|Colorado||Free, then $8||One free per year|
|Georgia||Free, then $11.50||Two free per year|
|Maine||Free, then $5||One free per 12 months|
|Maryland||Free, then $5||One free per 12 months|
|Massachusetts||Free, then $8||One free per year|
|New Jersey||Free, then $8||One free per 12 months|
|Puerto Rico||Free, then $11.50||One free per 12 months|
|Vermont||Free, then $7.50||One free per 12 months|
The following states have discounted their credit reports.
- California – $8
- Connecticut – $5 for the first credit report each year, then $7.50.
- Minnesota – $3 for the first credit report each year, then $11.50;
- Montana – $8.50
- Virgin Islands – $1
People should get your free FCRA credit report or your free state credit report directly through:
4. No Subscription or Credit Card Needed
Some sites now offer at least one free credit report.
These sites make money through advertising so they can give you a free credit report. Register with these sites to receive a copy of your free credit report:
Take time to learn how credit works and how your credit score will be affected by your actions – late payments, opening a new credit line.
Fair Isaac Tools – FICO credit score creators – There are a number of tools that can help you understand your credit score, including free credit score calculator and loan saving calculator.
There are a number of companies – CreditKarma, CreditSesame – that offer free credit monitoring. Carefully watching your credit score can be helpful if you are actively working to improve your credit score or worry about identifying theft.
Sometimes companies will offer you a free year or year of credit tracking when your credit information has been compromised due to a violation of their data storage system.
Be wary of sites that offer free or discounted credit reports, but ask you to enter your credit card number to sign up for a free trial. These sites will usually register you for a trial subscription for your credit tracking service and start charging you a monthly fee if you do not cancel your subscription before the trial ends.
If people have a good credit score after checking credit history free, it is great. That means people can get a personal loan with the best interest rate and fees. To get the information about these loans with good credit score, people you can click into the link best low-interest personal loans.
Hillary (Team Content) – Info Credit Free