"How can I find out what is in my credit report and how do I correct things that shouldn't be in there." I hear this question frequently from my clients. Fortunately there is an easy answer. Everyone should know that a few years ago Congress passed a law allowing everyone to get one free credit report from the three major credit bureaus once a year. All you have to do is go to www.annualcreditreport.com and follow the directions. This allows you to see what is in your reports and it does not ding your credit score as a inquiry.
In addition to letting you see your credit history, it lets you file a review request that is sent to the individual creditors (past and present) if you think there is any incorrect information. Creditors, by law, must review any request and either prove a bad report or correct it. Getting the correct information on your report is critical to getting the credit you deserve.
Looking at your credit annually is a good habit to get into. It allows you to see what potential creditors see, watch out for identity theft, and watch your progress toward getting a good credit history.
In addition to letting you see your credit history, it lets you file a review request that is sent to the individual creditors (past and present) if you think there is any incorrect information. Creditors, by law, must review any request and either prove a bad report or correct it. Getting the correct information on your report is critical to getting the credit you deserve.
Looking at your credit annually is a good habit to get into. It allows you to see what potential creditors see, watch out for identity theft, and watch your progress toward getting a good credit history.
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