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THIS NOTICE IS REQUIRED BY LAW
Read More at FTC.GOV

You Have The Right To A Free Credit Report
From AnnualCreditReport.com or 877-322-8228.
The ONLY Authorized Source Under Federal Law.
Take Me To The Authorized Source

Annual Credit Report

AnnualCreditReport.com is a website that is jointly operated by the three major U.S. credit reporting agencies. The site was created in order to comply with their obligations under the Fair and Accurate Credit Transactions Act (FACTA) to provide a mechanism for every consumer to receive a free annual credit report.

Background

One of the provisions of FACTA, passed in 2003 as an amendment to the Fair Credit Reporting Act (FCRA) was a requirement that the credit reporting agencies provide, upon request, a free credit report every twelve months to every consumer. The goal was to allow consumers a way to ensure their credit information is correct and to guard against identity theft.

Accordingly, the three major credit reporting agencies, Equifax, Experian and TransUnion created the joint venture company, Central Source LLC, to oversee their compliance with FACTA. Central Source then set up a toll free telephone number, a mailing address and a central website, annualcreditreport.com, to process consumer requests. Access to the free report was initially rolled out in stages, based on the consumer’s state of residence. However, by the end of 2005, all U.S. consumers could use these services to obtain a credit report.

Use of The Site

Annualcreditreport.com requires users to register with the site and provide their basic identification information, such as name, address and social security number. The user is then sent to the website of the individual credit reporting agency they select, where they are asked additional security questions to confirm their identity before getting their report. A consumer can request reports from all three agencies at the same time or stagger the requests throughout the twelve month period as a way to self-monitor their credit data. Any inaccuracies or signs of identity theft may be dealt with using the mechanisms provided for under the FCRA and FACTA.

Please note that this website and our organization does not provide free credit reports. As noted, you have the right to a free annual credit report from AnnualCreditReport.com or 877-322-8228, which is the ONLY authorized source under federal law. To get your free annual credit report go to AnnualCreditReport.com.

Criticisms and Concerns

Credit inquiry effects on credit score

Using this service does not lower the consumer's credit score, as it counts as a "soft" credit pull. However, "hard" credit pulls made by lenders directly affect the borrower's credit score.

Third-party fraud attempts

Annualcreditreport.com is the only federally mandated and authorized source for obtaining a free credit report. The Federal Trade Commission cautions consumers to be aware of “imposter” websites that have similar names or are deliberate misspellings of the real name.

In order to investigate this concern, the consumer group World Privacy Forum has made two studies regarding annualcreditreport.com. Their July 2005 study found that there were 233 domains with names very similar to annualcreditreport.com, of which 112 routed users to a variety of unintended destinations, including for-fee services, “link farms” and pornographic sites. The report concluded that the credit reporting agencies and the Federal Trade Commission needed to do more to rein in and shut down imposter sites.

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Center For Debt Management

Center For Debt Management

The Center For Debt Management

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Debt Management and Financial Services! The Internet's oldest and most comprehensive debt management agency! Resources for debt management, consumer credit counseling, debt consolidation loans, debt settlements, legal aid, financial aid, credit and financing, credit reports, budget software, insurance, income resources, tax assistance and more. Get out of Debt! Call Now — 1800DEBT.COM

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