Absolutely Free Credit Report
How many times have you seen websites that promise to give you an absolutely free credit report with no hassles or other hidden offers only to find out that there has been a charge added to your credit card that you never even heard about. Other times you will be promised a free copy of credit report only to find out that they also want you to buy another product before you can receive your credit report in your email. How would you go about finding a website online that truly will offer you a chance to receive a free credit report and score? There are a few simple things to watch out for to determine if they are honest sites or scammers that are trying to sell you something on the back end.
The best way to tell the difference between a website that is offering an absolutely free credit report and one that is not free is to check out the form that they want you to fill out before receiving your credit report. IF they ask you for any sensitive information , then they are most likely a scam site and we all know that offering vital information to anyone online is like asking for a robber to come right into your house and help himself to all your belongings free of charge. Do not give away your SSN for any free copy of credit report. Its not worth the risk. Now if the company only needs a credit card number from you then it is most likely to be a company that is on the up and up. Do not leave anything to chance. Make sure you look around on the credit card forums to see which online free credit report sites truly are as advertised.
You are by law entitled to a free copy of credit report by the government when they passed the Fair and Accurate Credit Transactions Act that was passed about 6 years ago and in this act it states that you have a right to credit report absolutely free every year from the 3 top credit reporting agencies (Experian, Trans Union and Equifax) and by law they cannot refuse you. Just make sure that when you ask for your free copy of credit report that you state specifically that you want one from all 3 agencies because they are competing with each other and quite naturally have some differences in how they report your credit score and credit card transactions. Most people lazily put off checking their credit report online because they feel that if they are paying their credit card bills on time that their FICO score will always remain high. Did you know that if you pay your credit balance ahead of time every month that your credit score can actually drop? This is because credit card companies want someone that is paying the interest rates that the credit card has at the end of the month. If you are to efficient at paying early that means they will lose their interest charges that they give to you. This is one of many reasons that you need to constantly ask for a free copy of credit report online every year so that you know the exact steps you would need to take in order to keep your credit score high and always stay in good standings with the top 3 credit reporting agencies. Be sure to come back and check our constantly updated inner pages for more absolutely free credit report related articles.
Good luck.