Your credit report can affect whether or not you qualify for credit (mortgage, loans, credit cards, etc.) and the interest rates you pay on that credit. Your credit report is also used for apartment rentals and even job applications.
You should review your credit report on a regular basis to ensure that it is accurate. If there is incorrect information on it, there are steps you can take to get it corrected.
Reviewing your credit report can also uncover signs of identity theft or reveal fictitious loans taken out using your personal information.
You have a legal right to receive a free credit report every 12 months. Make sure to go to the correct website (www.annualcreditreport.com
) to get your report. There are several sites that try to fool you into thinking you are at the free site. In some cases, these fake sites comes with strings attached or try to charge you after a trial period. To avoid that problem, use the link listed above or call 1-877-322-8228.
AnnualCreditReport.com is the only source authorized by federal law for your free credit report.
For more information about free credit reports, go to the Federal Trade Commission site for Free Credit Reports at https://www.consumer.ftc.gov/articles/0155-free-credit-reports.