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Identity Theft Prevention & Awareness Month

Identity Theft Prevention & Awareness Month

| December 02, 2019
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Free Credit Reports: Have you requested yours?

 

Thanks to the federal Fair Credit Reporting Act (FCRA), all Americans have access to a free copy of their credit report. It requires the consumer reporting companies to provide a free copy of your credit report, upon request, once every 12 months.

 

You may request your reports from each of the three consumer credit reporting companies online at www.annualcreditreport.com or by calling 1-877-322-8228. You can have all three reports sent at the same time, or you can stagger them throughout the year.  Please be aware that although the annual credit report is free, other information such as credit scores may have a cost.

 

What’s in my credit report?

Your credit report contains valuable information about:

  1. Your current and previous addresses and employers
  2. How you pay your bills
  3. If you’ve ever been bankrupt, sued or arrested
  4. Who has requested your credit report in the last six months

 

The consumer reporting companies sell your information to creditors, insurance companies and employers who request your report when you apply for credit, insurance and employment.

 

Why get a copy of my credit report?

It’s in your best interest to monitor your credit reports yearly. With identity theft on the rise, frequent reviews of your credit report will help you catch a potential problem early. If you’re in the market to obtain a mortgage or purchase a new vehicle, knowing your credit history will help forego any surprises. 

 

If you would like help obtaining or reviewing your credit report and discussing how it may affect upcoming financial decisions, please call me at 708-383-2280 I look forward to speaking with you soon.

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