Q: As a consumer, I am not entitled to free credit report each year? Must join a club or pay for it
A: The Act Fair Credit Report (FCRA) entitles every American consumer to one free credit report per year from each of the reporting offices of three credits, including Equifax, Experian and TransUnion. The three credit bureaus set up the site AnnualCreditReport.com which allows consumers to request their free credit reports.
It is important to note that the free credit reports you receive through AnnualCreditReport.com do not include your credit score. Most credit report monitoring services we reviewed offer both a free credit report and free credit score to sign up for a free trial of their credit report monitoring service. You can keep the credit report and score even if you decide to cancel the credit report monitoring service during your free trial.
We recommend the Equifax credit report monitoring service as they provide you with a free credit bureau report and FICO scores 3 when you sign up for a free trial of their service. It is important to know your FICO score because it is the credit score that most lenders use to make lending decisions. win, your credit report and FICO score are yours to keep even if you decide to cancel your 30 day trial of Equifax credit report monitoring service.
You can learn more about Equifax and other credit report monitoring services by visiting our credit report monitoring service reviews and comparison.