Get your free credit report every week until next year

April 22, 2020 - by Plan
Share the wealth
File May 10, 11 09 03 PM

Ramona Ortega

Get your credit report for free every week until April 2021

In these uncertain times, it’s more important than ever to maintain and build up your credit score.

Good news! By law, you have the right to download a free copy of your credit report from all three credit bureaus once a year. On April 22, it was announced people will have access to a free copy every week through April, 2021. 

But remember, your credit report is different from your credit score, also known as your FICO score. Your credit report is maintained by three credit bureaus- Experian, Equifax and Trans Union. Each bureau collects and sends data to FICO to calculate your credit score. 

You can get your free credit report here.

Why is this important? 

Well as many of us are beginning to realize our credit score is as good as gold. It impacts everything, from your ability to rent an apartment, refinance your student loans, or finance your small business. Regardless of your financial status, the first step to getting your money in order is knowing what’s on your credit report, which the three big credit bureaus just made that easier to do.

Although each of the credit bureaus reports your information differently, all credit reports contain basically the same four categories; identifying information, credit accounts, credit inquiries and public records. 

What am I looking for in my credit report?

Good question! Specifically, you want to make sure your identifying information, like name and address are correct, and you want to look for signs of identity theft, like accounts you did not open. 

Important to know: Negative items, like late payments, debt collection, and charge-off’s should stop showing up on your credit report after seven years. To correct errors or dispute items, you can file a dispute directly with the credit bureau at the same time you download your credit report.

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