Friday, September 02, 2005

Free Credit Reports are now available!

For a copy of your free credit report, go here:
www.annualcreditreport.com

You don't actually get a free "credit score," which is the number used by many lending agencies. Rather, you are getting a copy of your current and closed credit accounts (e.g. credit cards, loans). You can purchase your score for around $5 from most of the agencies I believe.

You are allowed to receive one report from each of the 3 credit reporting agencies each year (some people just pick one every 4 months so they can essentially receive a free service all year). Equifax is the one most often used to compute your credit score.

To view some common questions about the process, check out this Washington Post article.

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