4/15/2005

Demand Rises for Credit Reports.

Credit report demand has gone up, but the price has gone way down because of a new law. The public can get a report from each of the three credit bureaus for free. This law was enacted to slow identity theft. There are some minor rules; it depends on what state you live in, if you reside in Utah, you can get the reports now. You cannot get your credit score for free, and you can only get them once every year. Go to this website, get your reports, and at least make sure the information is correct.

5 comments:

Fred said...

But it's not good to get credit checks, at least not often. You wouldn't want to do it very much because it actually makes you have worse credit by checking it from time to time. Rarely do professionals suggest to check your credit more than once or twice a year.

Marie said...

It is true, the more that you get your credit checked the more it harms your credit score. The good thing is if you don't do it very often, it will only bring your score down a little bit.

Harry said...

Well you should at least know where you credit score is around, but only check it once or twice because you do not want it to hurt you in the long run.

trudy said...

There have been several cases of identity theft detected by credit reports. I don't even know if we could call it identity theft because a lot of times it happens on accident, especially if you have a common name. Thanks for the advice.

Dr. Tufte said...

Good advice for all of us.