One Free Credit Report Per Year
Consumers have access to a free annual credit report from each of Equifax, Transunion, and Experian thanks to the Fair and Accurate Credit Transactions Act passed in 2003. However, this may be too infrequent to keep adequate tabs on one's identity in light of the frequency and severity of major data breaches. What prevents access to one's own identity data on a continuous basis? Is it simply that the bureaus choose to rise only to the bare minimum required by law? Or are there more reasonable explanations? asked Jul 13 '19 at 20:02 5 The credit agencies have zero interest to give you (or anyone else) a free credit report; their business is based on selling this information. Left alone, they wouldn't give you the time of day for free. Because there is a law, they are forced to let you pull a report once a year, so they do. Anything more would cut into their income, so they will not offer it until required by a stricter law. answered Jul 14 '19 at 22:16 Aganju Aganju 33. 5k 7 gold badges 50 silver badges 106 bronze badges 1 I can't speculate on why the law was written that way but the credit agencies benefit significantly from following the minimum of this law.
Can i get more than one free credit report per year
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