Get Your Annual FREE Credit Reports

by Karen S Mueller, President of RepairCreditFacts.com

In an effort to protect us, the government has regulated the credit reporting industry. They insist that each individual has the right to obtain their credit reports for FREE each year. In fact, they passed *The FACT Act.

The FACT Act

What is the FACT Act?

The Fair and Accurate Credit Transactions Act (FACT Act) was signed into law in December 2003. The FACT Act, a revision of the Fair Credit Reporting Act, allows consumers to get one free comprehensive disclosure of all of the information in their credit file from each of the three national credit reporting companies once every 12 months through a Central Source.

Is everyone eligible to get their free statutory annual credit file disclosure?
Yes. As of Dec. 1, 2005 all consumers are eligible to request their statutory annual credit file disclosure once every twelve months.

How can I request my free statutory annual credit file disclosure?
The FACT Act required that the national credit reporting companies establish a "Central Source" through which you will request the statutory free annual credit file disclosures. You may contact the Central Source by calling 877 FACTACT or visiting this website:
www.AnnualCreditReport.com

If you prefer to write, a request form is available on their website too.

How often can I get a free credit file disclosure?
The FACT Act entitles consumers to get one free statutory credit file disclosure from each of the three national credit reporting companies every twelve months.

Credit SCAMS You Should AVOID

Well, since credit restoration process is not rocket science, there are a bunch of entrepreneural folks with no proven track record that are saying that they can repair your credit for you. I strongly recommend that if you want to have a service help you with the work, you need to use a reputable legal firm specializing in credit restoration. Read the reasons why I only recommend Lexington Law Firm for credit repair services.

There are also "credit watch" and monitoring services that you really don't need. Read why NOT in the FREE Credit Secrets Report. Essentially you can use the free services from the credit bureaus to do the same thing they charge you for. Save yourself the monthly fees and just get your FREE credit reports at www.AnnualCreditReport.com.

While you may want to pay for ONE credit score, you don't need anything else until you study your credit reports. Come back here to find out how to decide what to do next. Click here to add RepairCreditFacts.com to your Bookmarks or Favorites.

Beginning The CREDIT REPAIR Process

Once you have a printout of each of your three credit reports, you can start reviewing them and decide how to proceed with your own credit repair project.

If your credit score is under 700, you should take action to raise it. First, read the Free Credit Secrets Report that you can get here.

Find out more about the major credit bureaus here.

References:
* www.experian.com
** www.annualcreditreport.com

Click here to add RepairCreditFacts.com to your Bookmarks or Favorites.

** While you have to pay to receive your Credit Score, you can get it at www.AnnualCreditReport.com too. You only need ONE credit score to get started.