Free Weekly Credit Reports Are Now Available from All Three Credit Bureaus
In a joint action, the three national credit reporting agencies in the United States – Equifax (NYSE: EFX), Experian (LON:EXPN) and TransUnion (NYSE:TRU) – are offering free weekly credit reports to all Americans for the next year to help them protect their financial health during the sudden and unprecedented hardship caused by COVID-19.
The free reports will be available via AnnualCreditReport.com starting on April 20, 2020.
Consumer credit reports are a factual record of credit activity and payment history used by lenders, creditors, service providers and other businesses to extend financial opportunities and other offers to people. Credit reports play an important role in financial health for consumers, businesses and the economy.
Credit vigilance is critical during these uncertain times. Consumers are advised to review their credit reports frequently to understand the information that is being reported about their payment behavior.
The single most important action for consumers who cannot pay their bills right now is to talk with their lenders to find out if they are offering any assistance.
The three credit reporting agencies have also worked with their U.S. trade association, Consumer Data Industry Association, to provide guidance to data furnishers on how to support consumer credit reporting during the pandemic.
For additional helpful consumer tips on navigating COVID-19, please visit:
- Equifax COVID-19 Credit and Financial Resources Center
- Experian COVID-19 Resources & Credit Education
- TransUnion COVID-19 Support Center
Visit Equifax.com, www.experianplc.com and www.transunion.com.
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