The best place to see your free credit report is www.annualcreditreport.com . This is the legitimate website created by the three credit reporting companies – Experian, Equifax and TransUnion, that lets you access your credit report.
Here are some important facts about your free credit report.
- The Credit Report is free but not the Credit Score: A lot of people assume that their credit score will come along with the credit report. That is not true. If you want to see your credit score then you will have to pay separately for that.
- Contents of the credit report: The credit report will contain information about your credit repayments, credit usage, availability of revolving credit, information about credit pulls and other information related to your credit.
- You are entitled to free credit reports from all three agencies: This is a slightly lesser known fact. You are entitled to a free credit report from all three reporting agencies – Experian, Equifax and TransUnion in a given year. So that means that you can either pull up all three credit reports at one go or space them out every four months or so. If you space them out, you will be able to keep an effective tab on your credit report throughout the year for free! If you order all of them at once, you have a great chance to compare and analyze them.
- You are entitled to a free credit report under some state laws: The following states have laws that make free credit reports available to consumers: Colorado, Georgia, Maine, Maryland, Massachusetts, New Jersey and Vermont.
- Don’t use a different website for your free credit report: For getting access to your credit report, you will need to part with your Social Security Number (SSN). You should never give out your SSN, unless you absolutely have to. When you do give it out, make sure it is to authentic websites. Since www.annualcreditreport.com is sponsored by the three credit reporting agencies, it is the most authentic among all others. The other reason is hidden fee charged by others. Some websites will sign you up for monthly subscription under the fine print and then keep charging you a few bucks every month. Unless you read the fine print carefully and opt out of it, you will be surprised by a charge every month.
Keeping a tab of your credit report not only helps you in monitoring whether you are managing debt well, it also helps monitor against identity theft. So it is good practice to make use of your free annual credit report and stay on top of things.