There are plenty of websites available that claim to offer free credit reports. While some of these may legitimately be offering free copies of your credit report, many of them will try to gather your financial information in order to either charge you for your credit report or to steal your information for fraudulent purposes.
According to the Fair Credit Reporting Act (FCRA), the three credit reporting agencies of the United States are required to give consumers a free credit report once every year. The Federal Trade Commission (FTC) is required to enforce this law to ensure its accuracy.
So, as long as you're receiving your free credit reports from the three nationwide credit reporting companies, TransUnion, Experian, and Equifax, you should be protecting your credit information properly. But, why should you receive these reports?
Benefits of Credit Reports
Our Riverside credit reporting attorney, Howard D. Silver, has had decades of experience with cases where people were blindsided by their credit taking a huge dip or suddenly discovering fraudulent activity that was negatively affecting their credit score.
Mr. Silver recommends that you make use of the free annual credit reports in order to keep tabs on your credit score. If you stagger your reports so you're receiving a report from each credit reporting company per year, then you can receive an accurate, up-to-date report every 4 months. This is a great way to ensure that no one has accessed your credit information without your knowledge.
Our Los Angeles Credit Reporting Lawyer Can Help
If you discover that your credit report has been affected by fraudulent activity, there are legal steps you can take to repair your credit score. Our attorney can help you recover damages and clear your credit report of all negative activity. To schedule a free case review, please contact Howard D. Silver today by calling (855) 341-2611.