How To Pay Nothing for a Credit Report

A credit report is vital information that reveals a person’s financial standing. It reveals a person’s debt to credit ratio, any outstanding loans or bills, and any history of bankruptcy. It determines the interest rates you are eligible for, as well as the amount of loans or credit limits you can apply for.

Knowing what is written in your credit report is important to you. It will help reveal if you have been victimized by identity theft, or if there is any incorrect information that is negatively affecting you. Because of the Fair Credit Reporting Act (FCRA), individuals are given an opportunity to see what is in their credit report for free. The law allows for a free report per agency for each individual once a year.

Here’s how to pay nothing for a credit report.

  1. Every person is entitled to receive a free credit report from each of the three major credit reporting bureaus. These are Equifax, Trans-Union and Experian. You may call, mail or request by email for your free copy of the report.
  2. Your free yearly credit report is obtained through If you contact the Annual Credit Report Requesting Service, you will not be charged a fee and you may get a copy from each of the agencies. If you contact the agency directly, they may charge you a fee.
  3. If you do not have Internet access, you may call the toll free number at 1(877) 322-8228. You may also request a report by filing out a form from the Federal Trade Commission and mailing it to Annual Credit Report Request Service, P.O. Box 105281 Atlanta, GA 30348.
  4. Provide your name, birthday, social security number, and address when requesting for a credit  report. Include previous addresses for the last two years. If you request for your report online, you can receive the information right away. However, if you call or mail the requesting service, it will take about two weeks to get your report in the mail.
  5. If you’re expecting your report by mail, make sure your get your mail immediately. Also, do not print out a copy of the report and leave it lying around where anyone can see it. The information on the report is confidential.
  6. You do not have to use any other third party vendor to obtain your free report. Some companies offer a free credit report to entice you to obtain their services for a monthly fee. If you have a problem with your credit report, for example, a resolved issue that is still being reflected on your report, or you have been a victim of identity theft and are trying to clear unauthorized transactions against your name, then consider using a monthly credit reporting service. Otherwise, an annual report should be fine.
  7. Aside from your annual report, you may also get a free copy of the report if a bank has denied you credit, if you are currently unemployed or on welfare.
  8. Check if your state allows its residents free credit reports.

Obtain the information that banks and other financial institutions have about you. Take advantage of your free credit report and make sure the information is correct.


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