You can get an online credit report free and it will show you if there are currently any problems
with your credit. But it won't show you how to prevent future problems from showing up. As the
ways we deal with credit and money have changed, laws have been written to provide guidelines
to make sure you and your credit are treated fairly. And with the knowledge of these laws, you
can help ensure yourself of getting an online credit report free of problems.
One way to have an online credit report free of problems is to always check your credit
billing and electronic fund transfer statements for errors. Every time you use an
ATM, debit card or access your bank account with your computer, you're doing an electronic
fund transfer(EFT). And the Electronic Fund Transfer Act was enacted to specify your rights
pertaining to these actions.
When you get an online credit report free, one thing you don't want to have show up is a
delinquency. And if there's an error on an EFT receipt or your account statement, you have
60 days from the date the error appears to notify your financial institution. Always send
copies of the documents, not the originals and it's best to use certified mail, return receipt
requested. Keep the receipt and a copy of the letter you sent.
When you make an EFT, the EFTA doesn't give you the right to stop payment, except in one
case. If you've arranged regular payments from your account to a third party, you can stop
payment if you notify your financial institution at least three business days before the
scheduled transfer. Other than this exception, it's up to you to resolve any purchase done with
an EFT. However, certain state laws or the institutions themselves may give you further rights
on stopping payments. But be sure of your actions as you don't want an unpaid bill on your
record when you get your online credit report free.
To get your online credit report free and free 30 days of credit monitoring, please go to
free instant credit reports.
