A credit report is very important because the information it contains is one of the factors that determines whether you get loans, mortgages and credit cards.
The report can also determine your chances of getting that job you have been dreaming of.
There is a way to get a free report and this was made possible by the Fair and Accurate Credit Transactions Act that was passed nearly six years ago.
The act requires that all the 3 credit agencies provide each individual with a report without any charges once a year when they make a request.
There are several sites on the internet that claim to provide free reports but a majority of them are just out to scam you therefore you should be very careful.
Have all your financial records ready before you get to see your report so that you can note any inconsistencies on the report once you get it.
This is also important because the credit agencies may request for your financial information before they give you a report.
The internet provides the easiest way to get your report therefore you should visit the official site that is provided by the 3 agencies.
This official site is AnnualCreditReport.
com.
The site will require you to select the state that you currently reside in and give some personal information like your current address.
There are also some options on the companies that you prefer to get the report from.
It is important to note that each of the companies you choose can only give you one report each year.
The companies that you select to receive the reports from may request for some detailed information about your finances as a way of identifying you.
This is the reason why you need that information when making the request for a free report.
Once you have given the information and the companies have verified the information provided, you will then click on the accept option on the site and view the report.
The report can be printed out to take to the lenders you may want to borrow from.