Annual Credit Report

Did you know that federal law allows every consumer the right to one free credit report from each of the three major credit bureaus (Equifax, Experian and TransUnion) every 12 months? Under the Fair and Accurate Credit Transactions Act, better known as the FACT Act,  you are entitled to receive one free credit report every 12 months from each of the nationwide consumer credit reporting companies through AnnualCreditReport.com, the official government-mandated site for obtaining free credit reports.

It is entirely your choice whether you order all three credit reports at the same time or order one now and others later. The advantage of ordering all three at the same time is that you can compare them. (However, you will not be eligible for another free credit report for 12 months.)

On the other hand, the advantage of ordering one now and others later (for example, one credit report every four months) 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 every 12 months from each of the nationwide consumer credit reporting companies (Equifax, Experian and TransUnion) so if you order from only one company today you can still order from the other two companies at a later date.