Federal Law mandates that your credit report be made available to you freely on an annual basis. The three credit bureaus, Experian, Equifax and TransUnion all make your annual reports available at https://www.annualcreditreport.com/cra/index.jsp. You are able to get one free report at a time, but keep in mind the other reports most likely will be reporting data the one you received didn’t report. Thus it is important to obtain reports of all three bureaus. But remember, credit scores are not provided.
Your credit report and your credit score are different. FairIsaac Corp developed the FICO score, the most commonly used credit score. The FICO score is a number between 300 and 850 that predicted how likely you are to become 90 days late on a loan. You can purchase your FICO score for all three credit bureaus, or just for one, at http://www.myfico.com. The rate here is expensive and reports are available only once every three months
Credit Monitoring and ID Theft
Only $1 to try our most comprehensive coverage – Credit Preferred – for 7 days – then $19.95/mo.
More and more emphasis is being place on ID Theft and the need to monitor your credit information. There are many programs in the market for you to choose. One we work with is Identity IQ and if you click this box, it will take you directly there! This program is economical and provides easy to read reports on a monthly basis from all three credit bureaus. It includes your scores, credit monitoring, ID theft protection and more. The scores provided are the consumer versions. They are not the scores used by lenders yet they are a good benchmark. You can cancel the service at any time.
The credit bureaus have a lot of helpful information on their sites about credit, and the ability to purchase reports if you have already received your free report for the year.