It is very important for Americans to check their credit report at least once a year. With this being the case the federal government and the FTC has mandated that every American has the right to a free annual credit report from TransUnion, Experian and Equifax. It is very important to understand that there is only one website that is sponsored for a free annual credit report. You must use annualcreditreport.com to get your true government-sponsored free annual credit report.


It would be wise to check your credit report at least once a year because you never know if there are inaccuracies being reported. If you go throughout life never checking your credit report there is a very good chance that there are inaccuracies on your credit report which could greatly affect the interest rate you qualify for auto loan or mortgage.

Your free credit report will give you information on your credit history as it is seen by TransUnion, Equifax and Experian. These are the three large credit reporting agencies in the United States and it is often what most banks and lending institutions used to qualify borrowers for an interest rate.

Author: Jeremy North