Three Credit Agencies - How Get The Best Deal
Three Credit Agencies - There are a lot of things to consider when obtaining your free credit report from the three credit reporting agencies.
I know the value of your credit report - it’s your financial lifeline, so you need to obtain it in the right way and guard the information on their with your life.
I’ll so you all the tips and tricks and answer some frequently ask questions.
Some of the important considerations include:
- Fraud Alerts
- Getting a credit discloser
- How to dispute information on my credit report.
- Other Ways to Request your Credit Report
Fraud Alerts
You need to consider fraud on your credit file - see identity theft is Americas fastest growing crime, up to one in 4 Americans have been victims, so you need to protect yourself.
You have two options but I think you have only one, after I explain it you will see why. Most people will obtain an identity alert on your credit report, you pay a small monthly fee and anytime information changes on your report you get notified.
But this is misleading, firstly you need an alert on all three of the credit bureau, because what if the theft occurs in relation to your other 2 credit reports, you don’t have ann alert on them so how will they know to contact you?
Also, even if you do get 3 alerts you will need to spend $15 each per month - that’s $45 per month - every month. Also, someone needs to contact the bureau where you have the alert activated to report fraud has occurred on your account - this really happens.
A much better way is to just order additional credit reports - the government gives you a copy of each for free to you only need to more copies per year - that’s $60. As opposed to getting a fraud alert where you would be looking at over $500 per year.
Getting a Credit Discloser
This is the same as a Credit Report. Just like you check your credit card information each month you also need to check our credit report, a credit report is way more important to check and there are likely to be many errors.
How to dispute information on my credit report.
Contact the nationwide consumer credit reporting company that provided the credit report:
- Equifax - www.equifax.com
- Experian - www.experian.com
- TransUnion - www.transunion.com
Other Ways to Request your Credit Report
You can get your report mailed to you - but that takes 15 days, you can order over the phone. The advantage by ordering over the internet is that you can pick it up instantly.
I Hope this information has been very useful for you and that you are able to make the best decision for you because of it.
Please don’t hesitate to ask a question or leave a comment.
