By Rob Basso on
2/15/2011 10:27 AM
Credit Reporting: Do You Know What Your Rights Are?
Our information is everywhere. We shop online, save it for e-billing, lose our checking account statements, credit cards and more. That’s why it’s so important to keep tabs on your credit score to ensure your private information is correct and protected. I know dozens of colleagues and business owners who have fallen prey to erroneously reported charges from collection agencies among other fraudulent charges or mis-reporting from banks or credit card companies.
The best way to combat this is to stay informed. Per the Federal Trade Commission, "the Fair Credit Reporting Act requires each of the nationwide consumer reporting companies — Equifax, Experian, and TransUnion — to provide you with a free copy of your credit report, at your request, once every 12 months."