My Free Annual Credit Report – How To Get It?

The Fair and Accurate Credit Transaction (FACT) Act was approved by the United States congress to keep lending fair. This law acknowledges that every individual has the right to get a free credit report from major credit reporting agencies once annually. You don’t need to ask yourself the question “How do I get my free annual credit report?” with the FACT Act.

 Why Getting My Annual Credit Report Is Important?

It is important that you ask what your credit report is. The most crucial reason behind it is that it will allow you to get your needed loans approved with good rates. Once you apply for any type of loan, the lending institution will require your credit report to decide whether you are a good borrower or not. Through your credit report, they will be able to decide on approving your loan as well as credit limit and interest rate.

However, it is really common for your credit report to have errors, and this incorrect reporting can cause a very big concern for you. This is why it is important to monitor your credit report regularly to check for any fraud and erroneous information reported.

 How To Get Your Free Annual Credit Report?

“How do I get my free annual credit report?” is a question often asked by people who have no idea where to get their credit report. There are three credit reporting agencies that collect your credit information. These three major companies include Equifax, Experian and TransUnion. Further, they can give you a free annual credit report so you can request a copy of your report once every four months from the different agency each time. Requesting a copy of your credit report from each company can be daunting, but there is an easier way to get your free credit report. So if you are wondering and asking the question “How can I get my free annual credit report?” you need to follow the steps below:

  • Visit the website AnnualCreditReport.com. This website is run by major credit reporting agencies, thus it is secure and you get your credit report for free.
  • You can get your report by calling the hotline number 1-877-322-8228.
  • Or you can download a request form from the mentioned website. Print it and mail it to the address indicated below:

Annual Credit Report Request Service

PO Box 105281 Atlanta, GA

30348-5281

Now you no longer need to ask yourself the question “How can I get my free annual credit report?”  with the steps mentioned in this article.