FACT ACT
FREE ANNUAL CREDIT REPORT
Legislation regarding credit file disclosures at no charge, enacted in December 2003 by the Fair and Accurate Credit Transactions (FACT) Act, began to take effect in December 2004. According to the FACT Act, everyone has free access to their credit file from the 3 major credit reporting agencies once each year. Individuals may take advantage of the mandated free Annual Credit Report by requesting their three reports at one time or may extend the benefits of overseeing their credit file over the course of the year by ordering one each (Equifax, Trans Union, or Experian) at intervals of about four months.
The website AnnualCreditReport.com was mandated by law and the basic report is truly free-of-charge. We recommend visiting this site each year and carefully reviewing your free credit report. If a credit score is requested, a small fee will be charged for the score.
If within the next 12 months, you need another copy of your file and score, we recommend clicking on the link to our affiliate, Equifax. The charge for each report or service will be clearly marked.
