Free Personal Credit Report Online- What To Do With Your Report Once You Have It

Chances are you have seen ads online for free personal credit reports. You may have even clicked on one and received a copy of your credit history. Now that you have all of this information, do you know what to do with it?

Check for inaccuracies

It is very possible that some of the information contained on your credit report isn’t accurate. It can be something as small as an address you no longer live at or something as big as a debt you paid off being reported as outstanding. If you find an inaccuracy, contact the credit bureau and ask them to correct the error.

Check for unusual activity

Does your credit report contain accounts that you never opened. Are there outstanding balances due to companies you have never heard of? If so, someone may have opened accounts in your name and your credit report is paying the price. If your credit report contains any information that leads you to believe you are a victim of identity theft, contact the credit bureau and your local police department, who may put you in touch with the FBI.

Check to see who has been checking you out

Your credit report contains a list of the companies and individuals that have requested and received a copy. By law, there are certain requirements that must be met for a third party to view your credit report. Most requesters are required to have obtained your permission and signature, although under certain circumstances, this isn’t necessary. Under the Fair Credit Reporting Act, "Any person who knowingly and willfully obtains information on a consumer from a consumer reporting agency under false pretenses shall be fined under title 18, United States Code, imprisoned for not more than 2 years, or both." If someone you know shouldn’t have had access to your credit report, is listed as having obtained it, contact the credit reporting agency right away.

Your credit report is an important tool lenders use to help determine whether or not to give you credit. A free online credit report is an important tool that you can use to make sure your credit report is as clean as it should be.

Article Source: http://www.moneyarticlelibrary.com

Visit www.abcloanguide.com/freecreditreport.shtml for a list of credit report companies online. View our recommended sources for a free personal credit report.

Please Rate this Article

5 out of 54 out of 53 out of 52 out of 51 out of 5 

Not yet Rated

Click the XML Icon Above to Receive - Credit Ratings Articles Via RSS!

Additional Articles From - Home | Credit | - Credit Ratings

• Why Your Credit Report is Important to You - By : Susanna Berlatsky
  
• Free Instant Credit Reports – Go For Hassle Free Tool to Know Your Credit Score - By : Douglas Farrago
  
• Ways To Increase Your Credit Score - By :
  
• How To Improve Your Credit Rating - By : Brad Stroh
  
• What You Should Know About Good Credit And Bad Credit - By : Connie Barker
  
• You Are Your Credit Score's Worst Enemy - By : Jay Ashley
  
• Easy Steps To Maintain A Good Credit Score - By : Bradley Carson
  
• How To Build Up Your Credit Rating - By : Peter Kenny
  
• Increase Credit Score – How Do Credit Scores Work? - By : Carrie Reeder
  
• Credit Rating: What Is It And Why Should I Pay Attention? - By : Hallidae Thomason
  

Related Articles:

• 15 Effective Niche Marketing Strategies.
• Credit Cards: Frequently Asked Questions
• Get Paid To Raise Your Credit Score, Part I
• Credit Cards: Frequently Asked Questions
• Your Credit Score Can Be Destroyed By Simple Credit Inquiries
• How To Avoid Bankruptcy with Debt Consolidation
• Your Credit Score Can Be Destroyed By Simple Credit Inquiries
• Building Your Credit Correctly Without Going Broke
• Know Your Alternatives To Get Out From Debt
• Building Your Credit Correctly Without Going Broke