LEGAL TIP OF THE MONTH

 FREE CREDIT REPORT-getting one is smarter than you think!

 The Fair and Accurate Credit Transactions Act gives every American the right to a free credit report every year.  You are allowed to obtain a full credit report from all three credit bureaus totally free.  This is not one of those gimmick web sites that end up costing you money, it is absolutely free.

Why would a lawyer advise you to get a credit rep Aort?  Our clients have diverse problems but a credit report can be useful in several legal matters.  Divorce-part of any divorce is splitting up debt as well as assets.  It is essential to know if you have areas of concern on your report.  There may be reporting on your bureau regarding accounts of which you have never heard.  Perhaps your spouse took out credit in your name and did not tell you.  We see this often and it needs addressed in your divorce.  Bankruptcy- all your debts must all be included in your bankruptcy.  One source of debt information is your credit report.  Accuracy is essential: if you forget a debt it may not be wiped out in your bankruptcy.  Identity theft-often the first warning of this insidious crime is found in your credit report.  Examine your report for unusual debt or debt of which you were unaware.  Clean credit- this world seems to run on credit.  Negative marks on your credit report that are not accurate can be challenged.  You are also allowed to insert explanations into your report to explain certain situations.  Job applications- many employers are running credit checks on prospective employees.  If you are armed with the knowledge of your report’s content you may be able to explain the situation.

The following website allows you to view and print your free credit report quickly via a secure Internet site.  You can also request the report by phone or mail (these will be processed within 15 days of receipt and take longer to receive).

Internet address:
www.annualcreditreport.com

Toll-free number:
(877) 322-8228

Mailing address:
Annual Credit Reporting Service
P.O. Box 105281, Atlanta, GA 30348-5281