Free Credit Report and Credit score

Knowing your credit standing is important, even if you are not considering a loan. You should check your credit status at least once a year. That way, you can make sure you are not a victim of credit fraud. Or if you are, at least you would find out about it early on.

Free Credit Report – According to the FTC, The Fair Credit Reporting Act guarantees you access to a free credit report from each of the three nationwide reporting agencies — Experian, Equifax, and TransUnion — every twelve months. And AnnualCredit Report.com is the ONLY authorized source to get your free annual credit report under federal law. Checkout http://www.ftc.gov/freereports . Hence you should go to https://www.annualcreditreport.com every year to checkout your credit standing. The credit report will show you status on all of your loan/mortgage. If you found out some loan account you are not aware with, or a bad credit record you are not aware of, you should dispute the record. Checkout How to Dispute Credit Report Errors at
http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre21.pdf

Free Credit Score- There are a lot of pop out ad on the Internet that provide free credit score. But you should know that most are for a trial period and ask for your credit card info. So far, I only find that http://www.creditkarma.com does not ask for your credit card info, and its free credit score is not for trial period. It will show you your credit score, credit report card, credit snapshot etc. It is pretty detail, especially for a free service.