A Credit Card Necessary for a Totally free Credit Report?

Document Sample
A Credit Card Necessary for a Totally free Credit Report? Powered By Docstoc
					A Credit Card Necessary for a Totally free Credit Report?



Millions of Americans have sought and received a free of charge credit report beneath the Fact Act
amendments towards the Fair Credit Reporting Act.



Although there are a ton of online web sites supplying 'free' credit reports, you'll find really only 3
significant credit reporting companies: Equifax, Experian (which employed to become TRW) and
TransUnion.



Should you visit 1 of their sites ( www.experian.com, www.equifax.com, www.transunion.com ). You will
quickly discover that the "free" report they offer directly needs you to sign up, making use of a credit
card, to get a monthly service.



These monthly services supply you thirty days totally free - but you absolutely need to keep in mind to
cancel your membership before the 30 days finish or you will be charged.



Every site also consists of details about how to obtain an actual free report. This information, which can
be fundamentally identical on all 3 sites, states the following: Below Federal law, you've got the proper
to get a totally free copy of one's credit report once each 12 months from each and every in the 3
nationwide consumer reporting businesses. To request your free of charge annual report under that
law, visit www.annualcreditreport.com.



I thought that was really intriguing and went to have a look at the procedure. Oddly adequate when I
went to that web site, I got an error page and also the following message:



"The page can't be found



The page you might be looking for might happen to be removed, had its name changed, or is
temporarily unavailable."
This can be not a default server/browser error page. The URL for it's:
https://www.annualcreditreport.com/notfound.htm



I went and checked Google and their last saved copy from the 'real' page was from April 28, 2006. I was
unable to discover any indication of why the page has been removed, but a minimum of in the moment
you've got no access to this page despite the fact that it really is essentially mandated by Federal law. Of
course, I'm not a lawyer and it is not entirely clear to me specifically what agreements underlie the
creation of this site, however the Federal Trade Commission pages link to this website. Somebody
developed that notfound.htm and it seems to me they actually should have offered an explanation of
why our access to the genuine totally free on the internet credit reports is becoming denied - even when
it's just temporary.



The following data is part of what was on that site according to the copy stored on Google from
04/28/2006:



" You could request your free credit report online, by telephone or by means of the mail. Totally free
credit reports requested on-line are viewable right away upon authentication of identity. Free credit
reports requested by telephone or mail is going to be processed inside 15 days of receiving your
request.



This central web site enables you to request a free credit file disclosure, generally known as a credit
report, when each and every 12 months from every in the nationwide consumer credit reporting
companies: Equifax, Experian and TransUnion.



AnnualCreditReport.com will be the official website to assist customers to acquire their totally free
credit report."



Now that would all be very nice - if it were accessible. Hopefully it's going to have become accessible
once more by the time you're reading this.



If not, right here is the data from the FTC on the way to get your totally free credit report:
"You can order your free of charge annual credit report on the internet at annualcreditreport.com, by
calling 1-877-322-8228, or by completing the Annual Credit Report Request Form and mailing it to:
Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281. Once you order, you
need to provide your name, address, Social Security quantity, and date of birth. To verify your identity,
you might have to offer some info that only you'd know, like the amount of your monthly mortgage
payment."



Whilst supposedly you are able to request a totally free report on the organizations internet sites, I
failed to locate a way to do that with out signing up for their monthly service after which canceling just
before the free of charge 30 days had been more than. You may try calling them, nevertheless, to
request a free of charge report:



Experian at 888-397-3742, Equifax at 1-800-685-1111 or TransUnion at 800-888-4213



Utilizing annualcreditreport.com or mailing an Annual Credit Report Request Form towards the Annual
Credit Report Request Service, you are able to request reports from a single or all three credit reporting
businesses. With any other 'free' alternative for accessing your credit reports, you need to sign up with
all three organizations or spend for an further service that will provide all 3 reports.



Verify this page in the FTC for much more data as well as a link to a PDF copy in the annual request form
which you'll be able to download, print after which mail:



http://www.ftc.gov/bcp/conline/edcams/credit/ycr_free_reports.htm



If you are inside a hurry and want your report quickly, your greatest bet will probably be to go directly to
a single (or all) from the 3 sites above and go ahead and sign-up. You'll need to offer them a credit card
and more individual information than you might like, but they no doubt have a lot more substantial
details about you on file currently. Going to any other web site (than 1 of those three) implies you will
be sharing your information in areas you truly do not must. You also potentially could finish up on a
fraudulent or imposter web site.
Once you visit a website use a valid link from the FTC or kind the address in oneself. When you arrive,
verify the address. Identity theft does take place so the extra effort involved in being certain about what
you are performing is critically essential.



If, for some reason, you'll need to track your credit reporting history closely, you can request your free
of charge reports individually, spreading your requests over the year. While the data could vary from a
single organization to another, spreading out the requests does provide you with the ability to check
more regularly with out possessing to get reports or maintain a membership at 1 or a lot more from the
credit reporting agencies.



An excellent starting point is always to read the complete FTC publication "Your Access to Totally free
Credit Reports" which you can see at:



http://www.ftc.gov/bcp/conline/pubs/credit/freereports.htm



So, no, you do not require a credit card to get your free of charge credit report. Nonetheless, as I write
this, it's not achievable to accomplish it on the internet with out a credit card. The
annualcreditreport.com website should ultimately be up and operating once again, sometime, so prior
to you pay or use a credit card to obtain a totally free report, check that site and see if it is back in
business. And whilst it is a bit a lot more time consuming and you are going to must wait to obtain your
reports, you are able to usually use the mail or call (1-877-322-8228) to get your free reports from the
Annual Credit Report Request Service.



Be smart, do not pay for something you do not require. Should you signup for a 30 day free of charge
membership to obtain your free report, cancel it as soon as you've got your report. These organizations
are necessary by law to supply a free annual credit report. But, on their very own websites, they're
smart enough to provide the totally free report as bait to get a membership. This lets them squeeze
some added bucks out of a legal requirement when people forget to cancel within the 30 days limit. Plus
they also provide a variety of other, much more expensive, credit report plans that sound enticing but
which very really handful of individuals really need.