Equifax

Finance Blog

Have You Pulled Your Credit Report Yet?

Written by Equifax Experts on June 25, 2012 in Credit  |   1 comment

We’re halfway through the year—have you pulled your credit report yet? By law, every consumer is allowed one free credit report per year from each major credit reporting agency (CRA): Equifax, TransUnion, and Experian. Mark on your calendar to go to annualcreditreport.com every four months…

We’re halfway through the year—have you pulled your credit report yet?

By law, every consumer is allowed one free credit report per year from each major credit reporting agency (CRA): Equifax, TransUnion, and Experian. Mark on your calendar to go to annualcreditreport.com every four months and pull one of your credit reports. You’ll also be given a chance to see your credit score for a small fee.

When you look at your credit report, there are a few things in particular to which you should be paying attention. Ask the following questions:

  • Is my personal information (name and address) correct?
  • Is my account payment history correct for each creditor?
  • Are the balances and account age (date opened) correct for each of my accounts?
  • Are there any inquiries on my credit report for an account for which I did not apply?
  • Are there any inactive accounts that show new activity?

If any of the information on your credit report is incorrect, you’ll want to file a dispute right away by directly notifying the CRA that gave you the report. At Equifax, you can file a dispute online, by mail, or by phone. If there’s a mistake, look at your credit report from the other two CRAs as well. Note that if you’re filing a dispute, you don’t need to go through annualcreditreport.com; you can instead contact each agency directly to correct the inaccurate information.

Accessing and monitoring your credit report more often

Sometimes you might want or need more frequent access to your credit report than every four months. For example, if you’re planning a big purchase in the next year, such as a house, you might want to keep a close eye on your credit report. And if you’re actively working to improve your credit score, you’ll want to see all the activity to watch how your hard work is paying off.

Credit-monitoring products like those offered by Equifax can help you keep tabs on your credit report. Such products enable consumers to track and protect their credit and identity throughout the year by monitoring at least one, but oftentimes all three, of their nationwide credit reports and alerting them of key changes to the information in their credit files.

If you’ve been a victim of identity theft or you want to prevent it from happening, these products can closely monitor the activity on your credit report. Credit-monitoring products can help you quickly identify any unauthorized changes—and the sooner you identify fraud on your credit report, the easier it will be to get started on the path to restoring your identity.

There are many credit monitoring products on the market, and price should not be the greatest determining factor in which one you use. Make sure that the product you choose provides the features you need. If you want to give yourself more protection with one of these products, take a look at your options and decide what’s best for you.

1 comment

  1. Claudia, Spirit and Money Matters says:

    Make sure you’re going to http://www. annualcreditreport.com and not the individual companies, who can – and will charge you.

    By law you CAN get a FREE credit REPORT from each of the three major companies (Experian, Equifx, and TransUnion) once a year. You can request one report quarterly from each company, (that covers you all year—Then do it again next year.)

    The legitimate website for FREE credit reports is: http://www.annualcreditreport.com
    Or, call 1-877-322-8228 for your FREE credit report.

    IF you go directly through the individual companies, there IS a charge.
    These three companies provide free annual credit reports ONLY through annualcreditreport.com; 1-877-322-8228
    If you want a credit SCORE, there IS a charge.

    http://www.facebook.com/spiritandmoneymatters; http://www.spiritandmoneymatters.wordpress.com


Leave a Comment


Name :


Commenting guidelines

We welcome your interest and participation on this forum, but be aware that comments will be published at Equifax's sole discretion. Please don't use this blog to submit questions or concerns about your Equifax credit report or raise customer service issues. Instead, you should contact Equifax directly for all such matters and any attempts to do so in this forum will be promptly re-directed.

Some other factors to consider when commenting:
  1. Registration and privacy. While no registration is required to visit our forum, participants wishing to post a message must register by creating an account. All personal information provided by forum members incident to registration is governed by our Terms of Use and Privacy Policy.
  2. All comments are anonymous. We'll delete your name, e-mail address, and any other identifying information, including details about your investments.
  3. We can't post or respond to every comment - As much as we'd like to, we can't post every comment, nor can we guarantee that we will respond to each individual message. All questions or comments about your Equifax credit report or similar customer service issues should be handled by contacting Equifax directly.
  4. Don't offer specific legal, tax or financial advice. All of the materials on this Site are for information, education, and noncommercial purposes only and this forum is not intended as a means of expressing views or ideas regarding any specific legal, tax, or investment advice. While offering general rules of thumb is both permitted and encouraged, recommending specific ideas or strategies regarding investments, taxes, and related matters is prohibited.
  5. Credit Repair. This blog is not intended as a venue for the discussion or exchange of ideas regarding credit repair or other strategies intended to assist visitors and community members improve or otherwise modify their credit histories, ratings or scores.
  6. Stay on topic. Your comment should be concise and pertain to the specific post in question.
  7. Be respectful of the community. The use of profanity, offensive language, spam, and personal attacks will not be tolerated and egregious or repeat offenders will be banned from future participation. We encourage disagreement and healthy debate, but please refrain from personal attacks on our WordPresss and contributors.
  8. Finally: Participation in this forum may be terminated by Equifax immediately and without notice for failure to comply with any guidelines or Terms of Use. As such, you should familiarize yourself with all pertinent requirements prior to submitting any response through the blog or otherwise. All opinions expressed in this forum are solely those of the individual submitting the comment, and don't necessarily represent the views of Equifax or its management.

Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.


Credit Archive

Stay Informed Sign up for our FREE Equifax email Newsletter