The free credit report issuing process
Credit report is one of the most important things in an average Americans life. It keeps all the information of the person, such as name, place where he is employed at, and his financial records. There are other important factors that the persons credit card report contains, that includes the criminal offenses he may have conducted, also the cases that have been pending on him, the cases that have been filed on him, etc, etc. There are also a considerable number of companies that are ready to sell ones credit report to anyplace online to the one who wants to scan. If a person does have a legal advisor, then he will advise him to keep a clean record on his financial statements, and clean them time to time. There might be some omissions that are possibly be occurred whenever a big purchase is made, such as a car, a flat, a bungalow, etc. If a person has a clean record about his financial statements, then it will become a lot easier for him to have his request processed easily for any credit, finance, health, insurance or employment.
Now, we do know about the credit report. Then, what is the free credit report? Well, an American law mandates the fact that a person is allowed to view his financial record once in a year without his credit card being used. This came after a lot of chaos and noise being made, about as to why should a person use his credit card in order to view his financial statements, that are legally his binding. But still after the law came into the effect, then too there are a lot of people that still using their credit card in order to process their credit card information. They happily do this in order to clear their doubt, which is heavily persistent in their minds. They might think that there are a lot of people which hold the same name and hence an ambiguity, a discrepancy is bound to arise. Although, the three main credit bureaus: EquiFax, Transperian and Experian have decided to issue their respective credit reports for free; hence they should use it, but they dont.
Here is a popular way to know about a discrepancy or not. The different bureaus will ask to furnish your basic information such as name, date, place of employment, social security number alright: but certainly not the credit card number. The different bureaus might ask you a lot of questions in order to approve your identity, before they furnish you your duly required report: but the questions that they will ask will depend on the employment history and the places you have lived at, and once again, they will certainly not be about the details of your credit card report. Thus, each and every person can get their free credit report and use it to apply for further uses such as loan, finance, employment, etc.