Fair and free credit reporting

You are entitled to get a free copy of your credit report from the nationwide credit reporting companies, once a year. It is the responsibility of these credit reporting companies to provide an accurate report and maintain the privacy of information. The free credit report will carry information about your residency, how you pay your bills, etc. It will also offer information if you've ever filed for bankruptcy or have been sued. The information on your credit is demanded by creditors, insurers, employers, and other businesses, who will need the free credit score when evaluating your applications for employment, employment or renting a home. Under federal law, one is eligible to a free credit report if a company takes adversarial action against you, such as refusing your application for credit insurance or employment.
How do I order my credit report?One can order their credit scores online, but make sure that you hire a reputed service provider to do so. There are many imposter websites that are offering free credit reports or free credit monitoring, but are not part of the legally authorized to do so. Many websites enroll you for a free period and charge you once the trial period is over.

What information is required to get my credit score?One will need to provide their name, address, Social Security number, along with the date of birth. In case you have shifted to a new place in the last two years, you will need to provide your previous address. The credit reporting company will ask you about information that only you can provide, for example, your monthly mortgage payment monthly. Each company asks for different information as they are getting the information about you from different sources.
When you get a free credit report, make sure that the information given is accurate, complete, and up-to-date. This is very essential if you are planning to apply for a loan or buy a house or a car. You need to be careful about identity theft, as someone might use your personal information to his or her advantage. They can use your credit card number or the Social Security number to commit fraud. Identity thieves often use the information to open up a credit card account in your name and can make use of it. The inaccuracy of the information can impact your ability to get credit or even a job.
All those aspects need to be kept in mind when using a free credit report.