What is a Credit Report?

A Credit Report contains all your credit activities that function as your credit card’s record. In it are lists of your credit card accounts or inactive and active loans, your current balances, and all your activities with regards to your monthly payments. Credit Report also contains complaints made against you for unpaid and pending payments.

Annually checking your credit report is a must to keep your credit record clean and accurate. There are thousands of reasons why you should opt for a free credit report every year, and why you should correct incorrect information. Some people are declined for a loan because they have bad credit and they want to know what bad things are in their report.

How to get free credit report

Getting a copy of your credit report is free. Every American is entitled to get a free credit report from all three major Credit Card Bureaus. This was made possible thanks to the ‘2003 Fair and Accurate Credit Card Transaction’ granting all American Citizens the right to get their credit reports for free.

To get a free copy of your credit report online, you can:

Log on to www.annualcreditreport.com, which is currently the only authorized bureau for credit card holders to access their yearly Credit Card report for free.

Or you can also call their hotline number toll free. 877-322-8228 » Read more: Free Credit Report – The What, How, and Why