Free Annual Credit Reports
and Accurate Credit Transactions Act of 2003 goes in to effect today.
One of the major provisions of the bill, is that consumers now have the
right to one free report from each of the three major credit bureaus every
[from Metafilter] posted by Steve_at_Linnwood at 9:44 AM
Consumers in 13 Western states (Alaska, Arizona, California,
Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah,
Washington, and Wyoming) may request a free annual credit report from
Equifax, Experian, and TransUnion beginning today, December 1.
Consumers in the Midwestern states (Illinois, Indiana, Iowa, Kansas,
Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota,
and Wisconsin) can order their free reports beginning March 1, 2005.
Consumers in the Southern states (Alabama, Arkansas, Florida,
Georgia, Kentucky, Louisiana, Mississippi, Oklahoma, South Carolina,
Tennessee, and Texas) can order their free reports beginning June 1, 2005.
Consumers in the Eastern states (Connecticut, Delaware, Maine,
Maryland, Massachusetts, New Hampshire, New Jersey, New York, North
Carolina, Pennsylvania, Rhode Island, Vermont, Virginia, and West Virginia),
the District of Columbia, Puerto Rico, and all U.S. territories can order
their free reports beginning September 1, 2005.
Most importantly two things:
- The Federal Trade Commission and the three bureaus have set up one
website and one hotline to call: http://www.annualcreditreport.com &
877-322-8228. http://www.annualcreditreport.com is the only Web site from
which consumers are legally entitled to receive a free annual credit report.
If you go to Equifax's, Experian's, or TransUnion's website, they can and
will charge you.
- Your "credit score" in not included in this legislation, and if you want
that you will have to pay the bureaus for it.
More information can be found here:
Release: Free Credit Report Rollout Begins Wednesday
- Facts for
Consumers: Your Access to Free Credit Reports [PDF]