ECONOMICS (CBSE/UGC NET)

ECONOMICS

CREDIT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When may a person view his/her credit report for free?
A
At any time and an unlimited amount of times
B
Once a year, from each of the three main credit reporting agencies
C
A person may not review his/her credit report
D
If a person has sufficient financial resources
Explanation: 

Detailed explanation-1: -You are entitled to free copies of your credit reports from all three major bureaus at least once a year. You can request them at the official website for that purpose: AnnualCreditReport.com.

Detailed explanation-2: -Federal law gives you the right to get a free copy of your credit report every 12 months from each of the three nationwide credit bureaus. Through December 2023, everyone in the United States also can get a free credit report each week from each of the three credit bureaus at AnnualCreditReport.com.

Detailed explanation-3: -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. You may also be able to view free reports more frequently online.

Detailed explanation-4: -Request Your Free Credit Report: Online: Visit AnnualCreditReport.com. By Phone: Call 1-877-322-8228. For TTY service, call 711 and ask the relay operator for 1-800-821-7232.

Detailed explanation-5: -It’s good to check your credit reports at least once a year. You can receive free copies of your credit reports every 12 months from annualcreditreport.com.

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