Delray Beach, FL (PRWEB) April 23, 2010
NationalCreditReport.com, a leader in credit monitoring services, advises consumers to check their credit reports online from credit reporting bureaus regularly, both to keep current on what lenders will see about them and to be proactive against credit fraud and identity theft. Many consumers, however, may be surprised to learn some of the important facts about credit and the three major credit bureaus.
"Consumers usually know that there are three major credit bureaus: Experian™, Equifax™ and TransUnion™," said Samuel S. Ambrose, Vice President of Marketing and Operations for NationalCreditReport.com. "However, most don't realize that their data is not all the same and that it is important to check their credit reports online from each of the credit reporting bureaus."
Surprising Facts about Credit Reporting Bureaus and Your Credit:
1. The three major credit bureaus are not all the same. They are separate entities and therefore have different models for how credit scores are derived. Even if your information matches up from each of the credit reporting bureaus, you can have three different scores.
2. Credit reports can be filled with incorrect information. This can range from typographical errors to address variations to identity theft and credit fraud. It's important to check your credit reports online from the three major credit bureaus to know whether there is any information you should dispute.
3. Consumers can usually fix their own credit reports. If an inaccuracy is uncovered you can write letters to the credit reporting bureaus to have the information investigated. There are many good books available to walk you through the process.
4. You don't have to give your permission for someone to check your credit. Any lender, insurance company, collection agency, etc. with a permissible purpose can access credit reports without the consumer's permission.
"We encourage folks to visit NationalCreditReport.com's website where they can obtain credit reports from the three major credit bureaus and also find more useful information that will help them manage their credit," said Ambrose. "Our team of trained customer service agents can also answer questions from our members about information contained in their credit report and our credit monitoring services."
Since 2004, NationalCreditReport.com has specialized in providing credit reports online and credit monitoring services to consumers to help protect them from identity theft and credit fraud. NationalCreditReport.com encourages consumers to check their credit report on a regular basis.