subject: Free Annual Credit Report – For Maintaining A Good Credit Status [print this page] Free annual credit report proves important for establishing further credit facility, getting loans at much lower rate of interest, and maintaining a good credit history. The centralized government has enabled every American citizen to view their free annual credit report. The three major credit reporting agencies that is the Equifax, Experian and the TransUnion offers the customer with the credit information once in a year.
The bank and the financial institution keep in touch with the agencies to get the information about their customer credit standing in the market. The information provided by the credit report is not always the same because the method of collecting the data is different. It is beneficial to view the credit reports from all the three bureaus to get a clear picture of the credit status.
Your credit score can be viewed only by you and not by any other second person. But in case if you have applied for loan, the creditors can check your details regarding the credit, with your permission. Also the court may view your credit report with a due cause.
The free annual credit report can be used to get the required information of your payments, balances and credit history and many more. This will help you to be alert about your credit strategies and will help to improve it constantly.
Another benefit is that you can be on familiar terms with the identity thefts or any of the unauthorized activities using your personal identity. And you can report it to the agencies immediately and you will be prevented from any further problems.
You will also be able to rectify any inaccurate information. So that your creditors are not misleading by wrong information and you can get the benefit of a good creditor. This will boost your name as a good credit borrower.
Free Annual Credit Report For Maintaining A Good Credit Status
