Ordering Annual Free Credit Reports

July 20, 2013 - PRLog -- A Federal Trade Commission study of the U.S. credit reporting industry found that five percent of consumers had errors on one of their three major credit reports that could lead to them paying more for products such as auto loans and insurance.

Overall, the congressionally mandated study on credit report accuracy found that one in five consumers had an error on at least one of their three credit reports.

This is why the free consumer organization "Bad Credit MD" is advising people on how to order a free annual credit report from Experian, Equifax, and TransUnion. This information on how to order a free annual credit report that a consumer is entitled to under law can be found at http://www.badcreditmd.com/free-credit-report/.

The Fair Credit Reporting Act (FCRA) requires each of the nationwide credit reporting companies (Equifax, Experian, and TransUnion) to provide consumers with a free copy of their credit report, at their request, once every 12 months. The FCRA promotes the accuracy and privacy of information in the files of the nation’s credit reporting companies. The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the FCRA with respect to credit reporting companies.

A credit report includes information on where the consumer live, how the consumer pay their bills, and whether the consumer has been sued or has filed for bankruptcy. Nationwide credit reporting companies sell the information in a consumer's report to creditors, insurers, employers, and other businesses that use it to evaluate the consumer's application for credit, insurance, employment, or renting a home.

Under the FCRA, both the credit reporting company and the information provider (that is, the person, company, or organization that provides information about a consumer to a credit reporting company) are responsible for correcting inaccurate or incomplete information in their report. Consumers can take advantage of all their rights under this law by contacting the credit reporting company and the information provider with any errors they find in their credit reports. See more information on disputing a credit report at http://www.badcreditmd.com/free-credit-report/how-dispute-credit-report/.

http://youtu.be/DDTGbq9sUcE



Bad Credit MD, is a free On-line consumer information guide that helps people with credit problems in Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

Bad Credit MD has been in business helping consumers with bad credit since April of 2007 and is a subsidiary of Enticing Designs Publishing. The staff has various backgrounds in the financial and mortgage industry. Its staff has researched its information with various governments around the world to provide the most comprehensive and accurate information free of charge. To contact the company spokesperson, go to https://plus.google.com/u/0/104692534381789121018/posts