WHY SHOULD YOU GET YOUR CREDIT REPORT?
- Your lender, your vendors, even your prospective employers can get a copy of your credit report if you sign an application that gives them permission. You can be denied a loan, a job, insurance, or credit based on what is on your credit report.
- It may contain errors. It may show you that your credit behavior needs some work.
- Get a copy of your credit report before a prospective resource does. You can correct errors. You can prepare written explanations of why your debts were not paid in a timely fashion, or not paid at all (you may have lost your job, been ill, or gone through a divorce). You can begin to change your credit behavior right now to prepare for the future.
HOW TO GET YOUR CREDIT REPORT.
- If within the last 60 days you are the victim of credit fraud, are unemployed and looking for work, or are a welfare recipient, you are entitled to get a free copy of your credit report.
- If you have been denied credit, insurance or a job in the last 60 days based on a credit report received by a lender, insurance agency or employer, you can get a free copy of your credit report within 60 days of the amount of time from the date of denial until you request your credit report.
- Each of the three major reporting agencies keeps its own records, which could differ slightly, so request a copy from each. You can get your credit report by ordering on the internet or buy writing to a credit-reporting agency. To find out how to get your credit report from each of the three major reporting agencies, call or visit the web addresses below:
- Experian – (888)-397-3742
- Trans Union – (800)-888-4213
- Equifax – (800)-685-1111
- These agencies require a request in writing if you order by mail. By calling the numbers above, the agency will provide you with specific instructions for a written request, which generally includes the following:
- A copy of your Letter ofCredit Denial, or the Name of the Company that Denied You
- Your First, Middle initial, and Last Name, include Generations (i.e., Jr., III.)
- Current and Previous Home Addresses, include apartment number, zip code
- Social Security Number
- Date of Birth
- Current Phone Number
- A copy of your Driver’s License or a Current Utility Bill to verify your address
- Your signature
- You and your spouse should request separate credit reports.
- Some communities have Credit Bureaus that may also obtain your credit report for you.
The Federal Trade Commission provides consumer information about credit and publishes a number of free brochures. You can send for copies of Women and Credit Histories, Fair Credit Reporting, Credit Billing Errors? Use FCBA, Solving Credit Problems. Fix your own Credit Problems & Save Money, Credit and Divorce, or Bestsellers, which lists a variety of publications on credit and other consumer topics