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The information in your
credit report has a huge impact on whether or not you
qualify for a mortgage loan and what interest rate a lender
will offer. Therefore, it’s important your credit report
reflects a positive image of the way you manage your money.
If you're getting ready to buy a home, checking your credit
report is the best way to ensure you get the loan and
interest rate you deserve.
How do I order my free report?
The three nationwide consumer reporting companies have set
up a central website, a toll-free telephone number, and a
mailing address through which you can order your free annual
report.
To order, visit
annualcreditreport.com, call 1-877-322-8228, or complete
the Annual Credit Report Request Form and mail it to: Annual
Credit Report Request Service, P.O. Box 105281, Atlanta, GA
30348-5281. The form is on the back of this brochure; or you
can print it from
ftc.gov/credit.
Do not contact the three nationwide consumer reporting
companies individually. They are providing free annual
credit reports only through
annualcreditreport.com, 1-877-322-8228, and Annual
Credit Report Request Service, P.O. Box 105281, Atlanta, GA
30348-5281.
You may order your reports from each of the three nationwide
consumer reporting companies at the same time, or you can
order your report from each of the companies one at a time.
The law allows you to order one free copy of your report
from each of the nationwide consumer reporting companies
every 12 months.
New law promotes free access to credit reports
The Fair Credit Reporting Act (FCRA) requires each of the
nationwide consumer reporting companies – Equifax, Experian,
and TransUnion – to provide you with a free copy of your
credit report, at your request, once every 12 months. The
FCRA promotes the accuracy and privacy of information in the
files of the nation’s consumer reporting companies. The
Federal Trade Commission (FTC), the nation’s consumer
protection agency, enforces the FCRA with respect to
consumer reporting companies.
A credit report includes
information on where you live, how you pay your bills, and
whether you’ve been sued, arrested, or filed for bankruptcy.
Nationwide consumer reporting companies sell the information
in your report to creditors, insurers, employers, and other
businesses that use it to evaluate your applications for
credit, insurance, employment, or renting a home.
Here are the details about
your rights under the FCRA and the Fair and Accurate Credit
Transactions (FACT) Act, which established the
free annual credit report program.
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