Where to Get Free Credit Reports

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The Consumerist has posted an article on how to get free and accurate credit reports from government operated websites. The article warns against purchasing credit reports due to such a high rate of scams from “no name companies.”

If you want your credit report, go to AnnualCreditReport.com. The Fair Credit Reporting Act gives you the right to see your credit report every twelve months. The government set up the AnnualCreditReport.com website for you to request these reports. Don’t go anywhere else and don’t pay for what is yours for free by law.

However, you will have to pay to see your credit score. The Fair Credit Reporting Act doesn’t give consumers the right to view credit scores every year like credit reports. The article suggests only making a purchase to view your credit score from any of the three Fair Isaac bureaus: Equifax, Experian, TransUnion, or directly from Fair Isaac.

There are two reasons why:
– The other companies selling credit reports and bureaus are usually not affiliated with the three bureaus or Fair Isaac and they intend to sell your information to the highest bidder. Whereas the bureaus intend to make their money on people sticking around for the trial service, these independent companies profit off selling your information.
– The bureaus and Fair Isaac already have your personal information, why give your sensitive information to yet another company that doesn’t need it? When I give Equifax my social security number, it’s used as a way to look up my credit report. Who knows what happens when I give it to some fly-by-night company?

If you have had problems with incorrect credit reports and/or scores, feel free to contact us.

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