The importance of monitoring the state of your credit is well documented. As such in order to maintain or build a healthy credit, you need access to your yahoo credit report. While most people have had to pay to access the information in this report in the past, you can access yours at no cost whatsoever.
You can request free credit reports from Equifax, which is one of the major credit bureaus. The other major two include TransUnion and Experian. Equifax is a credit reporting agency that deals with monitoring and tracking the credit of customers in America.
Besides you, your Equifax credit report can be accessed by other parties. These include:
- Financial institutions
- Insurance companies
- Other lenders
- Employers, though they require your permission
- Rental companies, but with your permission
Your credit report is not accessible to friends and family unless you authorize it. Though, parties with a permissible purpose can access your Equifax credit report. Examples include:
- To determine whether a customer is eligible for any governmental benefit such as a license among others
- When a customer’s account is sent for collection, where his/her account has to be first reviewed before the collection is approved.
- In situations where a court order is issued
The law entitles you to a free report once a year. The following are a few of the reasons that might drive you to request a credit report:
- If you are unemployed and intend to apply for employment in the next 60 days
- If you believe your customer file contains incorrect information as a result of fraud
- If you have been subjected to denial of insurance or credit in the past 60 days
The process of getting a free Equifax credit report
Now that you understand several things about Equifax credit report, the next step should outline how exactly to get your credit report at no cost.You can request your credit report either online, by mail or via phone.
You can get your report online by visiting Equifax.com. The site is designed in a way that makes it instinctive based on what you need. Select Personal Solutions tab and under this, you will have to click Credit Report Assistance where you then look for the link Get My Free Annual Credit Report. This link will redirect you to FreeCreditReport.com which is a site designed by the three major credit agencies so as to provide customers with one free credit report per year.
The FreeCreditReport.com will ask you to fill out some personal detailssuch as your name, social security number, among other things like your current address. In the next step, you will be prompted to choose the agency that you want to provide your credit card report. Choose Equifax as this is our interest in this post.
You will get your Equifax Credit Report after this short process. After receiving this report you can look to see if everything is in order.
You will call (800) 685-1111. You will then undergo a verification process after which you will receive your credit report in the mail in two weeks time.
A request for a credit report can be made by mail where a request form should be downloaded and filled out with all your personal details such as your name, social security numbers, previous and current addresses among other things like your date of birth. Lastly, address it to Equifax Disclosure Department, P.O. Box 740241, Atlanta, GA 30374.