ECONOMICS (CBSE/UGC NET)

ECONOMICS

CREDIT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How often can you get your free credit reports (from each bureau)?
A
Anytime
B
Once per year
C
Twice per year
D
Three times per year
Explanation: 

Detailed explanation-1: -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-2: -You are entitled to one free credit report from the three major credit bureaus every 12 months. Other consumer reporting agencies monitor your credit too, though some may charge fees.

Detailed explanation-3: -Request Your Free Credit Report: Online: Visit AnnualCreditReport.com. By Phone: Call 1-877-322-8228.

Detailed explanation-4: -credit monitoring Under the law, you are entitled to a free credit report every 12 months from each of the nationwide credit reporting companies. You can get these reports all at once, or spread them out.

Detailed explanation-5: -So, when it comes to your credit scores, updates usually occur at least once a month but could be more frequent depending on how many lenders you have and when each of those lenders reports new information. You will need to request a new copy of your credit score in order to see any changes.

There is 1 question to complete.