A credit report is exactly as the name suggests a report on an individual’s creditwor thiness. Credit reports have your identification, employment record, payment history, inquiries from other creditors, and certain public information, such as bankruptcies and tax liens. Consumers have the right to access their credit reports under the Fair Credit Reporting Act. The three major companies who track credit reports Trans Union, Experian, and Equifax are required under federal law to give consumers a free copy of their credit report once every 12 months upon request. Consumers can also pay a small fee to obtain a copy at other times. Federal law sets the maximum fee at $11.
Also, the Fair Credit Reporting Act provides that if a fraud alert is placed in a consumer’s credit report, that consumer can have two free credit reports within the next 12 months.
- What can you do if there is an error on your credit card bill?
- Do credit cards always have annual fees?
- What is a variable rate?
- Where do you go to select the right credit card?
- How can you build good credit?
- What factors determine whether you will receive credit?
- Didn’t the U.S. Congress just pass a new law on credit cards?
- What should you do if you have too much debt?
- How do you know if you have too much debt?
- Are there different types of credit?
- What is APR?
- Why is credit expensive?
- What is credit and why is it so important?
- Did the U.S. Supreme Court rely on international law in reaching its decision against the death penalty for juvenile offenders?
- Can a juvenile defendant receive the death penalty or life in prison without the possibility of parole?
- Do juveniles in juvenile court receive all of the same rights as adults charged in criminal court?
- If you’re convicted of a crime as a juvenile can you be tried as an adult?
- What is ineffective assistance of counsel?
- If a direct appeal process and the state post-conviction process both fail, are there any other legal avenues?
- What is a post-conviction proceeding?
