ECONOMICS
CREDIT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
One credit report each year
|
|
|
Three credit reports each year
|
|
|
One credit report from each credit bureau
|
|
|
Three credit reports from each credit bureau
|
Detailed explanation-1: -As mandated by the Reserve Bank of India (RBI), consumers are entitled to one free credit report every 12 months (calendar year) from each credit bureau.
Detailed explanation-2: -You have the right to request one free copy of your credit report each year from each of the three major consumer reporting companies (Equifax, Experian and TransUnion) by visiting AnnualCreditReport.com.
Detailed explanation-3: -Under Federal law, you are entitled to receive one free copy of your credit report from each credit reporting company every 12 months.
Detailed explanation-4: -You are legally entitled to three free credit reports each year: one from each of the three major credit bureaus (Equifax, Experian, and TransUnion). A consumer’s legal right to three free credit reports per year is a provision of the Fair Credit Reporting Act of 1970.
Detailed explanation-5: -Under federal law you are entitled to a copy of your credit report annually from all three credit reporting agencies-Experian, Equifax® and TransUnion®-once every 12 months. To get your Experian annual credit report online, and by phone or mail, visit www.AnnualCreditReport.com.