Delray Beach, FL (PRWEB) July 15, 2010
NationalCreditReport.com, a leader in credit report, credit score and credit monitoring services advises consumers to give thought to what information they are interested in when they seek to obtain their credit report.
"When it comes to credit reports and scores, there are a lot of available options for consumers and not all providers are the same," said Samuel S. Ambrose, Vice President of Marketing and Operations for NationalCreditReport.com. "A primary consideration when deciding how and where to obtain a credit report is knowing what information you really want."
Ambrose notes that consumers' reasons for obtaining credit reports can vary significantly. "Some people check their credit report to monitor for any fraudulent activity while others only want to know their credit score. Therefore, not all services are created equal."
Free trials for credit monitoring services often accompany offers for free credit scores. This important service is a way to proactively monitor your credit file for new activity, account changes, credit fraud and identity theft. If and when these changes or inquiries are made into a credit file, the consumer is typically notified via e-mail. Credit monitoring services are usually the first indication of a legitimate credit inquiry, credit discrepancy or inaccuracies in your credit file, or fraudulent activity within your credit file. If the customer does not call to cancel their credit monitoring services by the end of the free trial period, they become enrolled in the program and are billed (usually monthly) for the service.
The Fair Credit Reporting Act (FCRA), enacted by the Federal Trade Commission, states that consumers can obtain their credit report for free once per year from each of three major credit reporting agencies (Experian™, Equifax™ and TransUnion™), thus ensuring the consumer's right to an annual free credit report without enrolling in a credit monitoring service. However, it's important to note that the credit reports associated with the FCRA do not include credit scores.
Your credit score is the special numerical value that potential creditors and lenders use to determine whether to grant you a loan or credit as well as interest rates. Additionally, if consumers want to check their credit reports more often than once a year they will need to purchase additional reports.
Consumers interested in simply buying their credit report with no credit monitoring services trial can visit http://www.nationalcreditreport.com/nostringsoffer to buy their credit report and score without being enrolled in any program.
Since 2004, NationalCreditReport.com has specialized in providing credit information and credit monitoring services to consumers to help them understand their credit report and score. NationalCreditReport.com encourages consumers to check their credit report on a regular basis.