Clearwater, FL — Jan. 22, 2013 — Better Business Bureau wants to make sure consumers don’t hit any unexpected bumps in the road this year, and is reminding consumers to check their credit report annually.
The importance of pulling your credit report is to ensure the information being reported is accurate, complete and up-to-date. When looking at your credit report, look for these red flags of identity theft:
The Fair Credit Reporting Act (FCRA) requires each of the nationwide consumer reporting companies — Equifax, Experian and TransUnion — to provide you with a free copy of your credit report, at your request, once every 12 months.
A credit report contains important information that can affect whether you can get a loan, and how much you will have to pay in order to borrow money. The information contained in a credit report is sold to and used by creditors, insurers and other businesses so they can evaluate applications for credit, insurance or renting a home.
Consumers looking to pull their free credit reports should visit annualcreditreport.com, the only authorized source for free annual credit reports under federal law. On this website, consumers can request their credit report from each of the three reporting agencies online, by phone or through mail.
BBB offers these tips for pulling your annual credit report: