Dec 3, 2004

PSA Take 1

Free credit report This is actually not a scam. As part of the FACT Act everyone is due a free credit report once per year. It's run by the big 3 credit reporting agencies - Equifax, TransUnion, and Experian. Only hitch is it's being phased in over the year. Western states get the first crack at it. 3 months from now the Central's go.

Now while it can be worth looking at to see how bad or good your finances are. The better reason to check this is that it is most likely addled with errors. And as part of the FACT Act you are entitled to a simple streamlined process to correct those errors. Given that most financial institutions (credit card companies, mortgage lendors, etc.) look at this stuff, it makes sense to check everything is in the okay.

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