As I was watching TV last night, I noticed the number of Free Credit Report companies are popping up everywhere with their catchy jingles and false promises. Â So, I'm here to let you know the real deal when it comes to free credit reports, so you don't fall for the okie doke, as we say down south.
"AnnualCreditReport.comÂ is the ONLY authorized source for the free annual credit report that's yours by law. The Fair Credit Reporting Act guarantees you access to your credit report for free from each of the three nationwide credit reporting companies â€” Experian, Equifax, andÂ TransUnionÂ â€” every 12 months. The Federal Trade Commission has received complaints from consumers who thought they were ordering their free annual credit report, and yet couldn't get it without paying fees or buying other services. TV ads, email offers, or online search results may tout "free" credit reports, but there is only one authorized source for a truly free credit report."Â
Erica Texada, REALTOR