Only about 25 percent of Americans check their credit report each year, meaning most wait until they have been denied credit or turned down for a lease to find out that there are errors on their credit report. Connecticut residents need to check their reports regularly to ensure that everything is accurate and that errors are fixed before problems arise.
Checking Credit Reports
Federal law gives Connecticut residents the right to get a free credit report every year from each of the three major credit bureaus – TransUnion, Equifax and Experian – by going to www.annualcreditreport.com. However, these reports won’t contain your credit score. You can get your report and score from the bureaus’ websites for a fee. Usa Credit Report is designed to give you all three reports and your Equifax credit score, all at the same time, all for free.
Connecticut Individual Credit Report
A Connecticut individual credit report is essentially a listing of all credit card and loan accounts you has used over the past seven years, along with a payment history on those accounts. The report also includes information on accounts turned over for collection and judgments or against you. Negative information on this report can lead to being denied credit or insurance coverage, so it is important to ensure that any errors are corrected. Usa Credit Report will alert you when changes appear on your credit report, so you can quickly take care of anything reported by mistake.
Companies Who Check Credit
Many different companies are entitled to check your credit report. However, Connecticut is one of six states to restrict access to credit reports for job applicants. While there are certain exceptions, such as for executive positions or those having access to a company’s money, most Connecticut employers may not use a credit report in deciding who to hire. Other companies, such as lenders, landlords or insurance companies, may obtain your credit report. That is why it is important to regularly review your credit, so you don’t end up being denied the credit you need.