Credit Report

You are Entitled to a Free Credit Report

Sometimes, you may need to know where you need to look for if you wish to get a credit report without a credit card. Fortunately, there are a few good places to try out, though before you proceed any further, you will need to understand that there are certain things to look out for. There are also different credit report services to check out if you want to be able to obtain the most amount of information regarding your credit report without a credit card.

According to the Federal law known as Federal Fair and Accurate Credit Transactions Act or FACTA, credit agencies are obliged by law to provide individuals with credit report without a credit card. If you visit this website, input your personal information regarding not requiring a credit card, and then ask for your annual report, you can get it free of cost.

However, you are limited to receiving just one credit report in a calendar year from the main credit bureaus, which are Experian, Equifax and TransUnion. Furthermore, it is also a good idea to get three credit reports from each of these credit reporting agencies.

Simplified Process

Today, anyone can go online and print a credit report without a credit card at any time of the day and for every day of the week at the website maintained by FACT. That website has especially been created by the three major credit bureaus, which are Experian, Equifax and TransUnion. The advantage of using this website lies in the fact that the whole process of obtaining a credit report without acredit card is greatly simplified.

If you search the Internet you will come across a number of agencies that provide free credit report without a credit card, though you may need to pay membership and even application fee. In addition, before checking out a particular agency, you would do very well to investigate the agency and be sure that the services provided by it are what you need.

Otherwise, you would end up paying them for something that will not be of much use to you. The most important thing to remember regarding this process is that you should only trust reputable websites. So, now that you have learnt a bit about how to get credit report without a credit card and its benefits, you should apply for your credit report and improve your credit.

The value of a credit report service in today’s day and age cannot be underscored enough. This is due to the fact that the use of credit by the average individual has increased tremendously. This has come to light because a recent study estimates that the average individual in a household has anywhere up to eight credit cards in their possession and maintains a credit card balance of $8,000.

Therefore the importance of the credit report service not only helps to protect the individual, but protects the lender as well. This is because fraudulent or unauthorized activity can be revealed when an individual asks for their credit report. Also, if any financial institution is considering the lending of money to an individual they can access that individuals credit report and determine their risk if the credit is extended.