Our credit report shows how much strong we are financially. Credit reporting bureaus provide credit score with your credit reports. These reports are being used by loan lenders to check your credit worthiness. According to the Federal law, consumers can get a free copy of their credit report once in a year from all of three credit reporting bureaus Equifax, Experian and TransUnion.
But getting your credit score is not free. You have to pay some dollars to the credit reporting bureaus in case you want to know your credit score:
Equifax (1-800-685-1111) charges $7.95
Experian (1-888-322-5583) charges $5.95
TransUnion (1-800-916-8800) charges $7.95
Getting your credit report will allow to identify errors that may be lowering your credit score and also whether you are a victim of identity theft. According to a report released by Federal Trade Commission, 8.3 million American adult became victim of identity theft in 2005, 3.2 million of them experience the misuse of their existing credit card accounts and another 1.8 million of adults found new accounts been opened or their personal information being used for other fraud activities.
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