A credit report includes all the history of an individual with regards to where you live, how do you pay your bills and if you are eligible to get a loan. Everyone can order My AnnualFree Credit Report as per the norms of the FCRA.
Why do you need a credit report?
A credit report is important for a person as it contains important details. It is necessary to have a good credit score in order for you to get a loan in the future. Credit reports are also used by prospective employers to check your eligibility before offering a job. Real estate businesses and insurance companies also check your credit report before offering you service.
What does a credit report contain?
The credit report includes a credit score which is a three-digit number. It considers the below information to arrive at a credit score that determines your credit worthiness.
- Personal information: Your name, date of birth and address.
- Credit history: The amount of loan you own, your assets and mode of paying bills.
- Government records: To check convictions against bankruptcy or any other case.
Where can you get a credit report?
Equifax, Experian, and TransUnion are the three nationwide credit reporting companies that provide you reports with your credits. You can order your report from any one or all of the credit report companies every 12 months. You can visit www.AnnualCreditReport.com and provide your details such as address, date of birth, Social Security Number and your name. For maximum security, each company may ask you a question that only you know. According to the information required, you will be able to access your report.
Free Credit Report Annual is important as it can protect you from identity theft and frauds. It is also essential to make sure that your information in your credit report is accurate. This helps you with a better chance to apply for a job or purchase a car or a house.