Free credit reports start Dec. 1
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PostPosted: Thu, Nov 11 2004, 2:46 pm EST    Post subject: Free credit reports start Dec. 1 Reply with quote

Free credit reports start Dec. 1

The West gets first crack as the new fair credit act rolls out. By September 2005, everyone with credit will be entitled to a free yearly report from each of the major credit bureaus.

By Lucy Lazarony, Bankrate.com

Want one of those free credit reports you've heard about? Well, you'll have to wait.

The Fair and Accurate Credit Transactions Act, signed into law in December 2003, gives every American the right to a free credit report every year from each of the three major credit bureaus: Equifax, Experian and TransUnion.

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