Understanding Your Credit Report

It’s very important that you understand your credit report, credit score, and the companies that compile that information, credit bureaus. The Federal Reserve website provides answers to some of the most common, and most important, questions about credit.

Free Annual Credit Report

AnnualCreditReport.com is the authorized source to get your free annual credit report under federal law. The Fair Credit Reporting Act guarantees you access to a free credit report from each of the three nationwide reporting agencies – Experian, Equifax, and TransUnion – every twelve months. The Federal Trade Commission has received complaints from consumers who thought they were ordering their free annual credit report, but instead paid hidden fees or agreed to unwanted services. Don’t be fooled by TV ads, email offers, or online search results. Go to the authorized source when you request your free report.