Recently my daughter applied for a home loan and to her dismay there were four errors on her credit report. Credit card companies and one bank she had never had accounts with were listed with thousands of dollars owing on the accounts. It took several weeks and a lot of time and effort, not to mention frustration to get these inaccuracies off her report.

My friend who requested her credit report found a loan showing up as 90 days past due which she had actually paid off early. It took her 30 days to get this cleared off her record.

Our Credit report determines our credit score. Our credit score is very important as it affects our lives in every way from renting or buying a house, getting lower car insurance rates, or applying for loans of all kinds. A credit score is used by a lender to help determine whether a person qualifies for a particular credit card, loan, or service

There are many sites that say free credit reports but then they require you to give a credit card number and will charge you money every month unless you cancel before 30 days.

The site set up by the big three credit reporting agencies in the United States, to furnish free annual credit reports, as required by federal law is www.annualcreditreport.com. This site does not require a credit card number. This central site allows you to request a free credit file disclosure, commonly called a credit report, once ever 12 months from each of the nationwide consumer credit reporting companies: Equifax, Experian and TransUnion.

You can request a report from each of these companies once a year or you can order one from a different one quarterly. (I hope that made sense). The advantage of ordering one now and others later is that you can keep track of any changes or new information that may appear on your credit report. Remember, you are entitled to receive one free credit report through the Central Source every 12 months from each of the nationwide consumer credit reporting companies.

Fight identity theft by monitoring and reviewing your credit report. By using this site it is truly free to get your report.