| With the credit crunch hitting countries across the | | | | who has requested a copy of your report within the |
| globe hard, it has never been more important to have | | | | last two years. |
| a firm grasp on your current credit rating. None more | | | | * Detailed Credit History. Information relating to your |
| so than in the UK which is suffering the worst | | | | credit card debt, loan payments and payment history. |
| recession it has seen since the early 1990s. | | | | There are two main reasons you should take |
| Indeed, more than £1.6 million worth of credit | | | | advantage of a free credit report offer online, in case |
| fraud occurs on UK credit cards every single day. | | | | you are still unsure: |
| That equates to a fraudulent transaction every eight | | | | Prevent Against Identity Theft |
| seconds and the damage of this is long lasting. A | | | | When you obtain your free credit report you will be |
| victim of credit fraud can spend up to two years | | | | able to check it thoroughly and determine whether or |
| recovering from a case of identity theft. | | | | not you have been the victim of identity fraud. If you |
| Your credit report informs you of all the vital | | | | find any entries on your report which you do not |
| information you need to know regarding your credit | | | | recognize then you should contact both the credit card |
| history for the past few years. There are several | | | | company and credit bureau and inform them of what |
| online services which can supply you with an updated | | | | has happened. |
| copy of your credit report and UK residents will be | | | | Correct Inaccurate and False Information |
| relieved to know such a service is not restricted to | | | | Ensuring your credit report is both accurate and up to |
| just the USA. | | | | date is essential if you plan on applying for a loan. |
| By obtaining a copy of your credit report online, you | | | | While credit bureaus have to adhere to strict rules |
| can access the following information the credit | | | | regarding the information they store on peoples files, |
| bureaus have about you: | | | | incredibly one in four credit reports contain wrong |
| * Account Report Summary. Details of your current | | | | information, sometimes major errors. Obtaining a free |
| and past credit status, the number of open accounts | | | | credit report is an ideal way to check the information |
| and their balances, whether or not they are up to date | | | | the agencies have about you is correct. |
| and full payment history. | | | | Armed with the information in this article, you are now |
| * Public Records. Electoral role details, bankruptcy | | | | in a stronger position to decide whether or not to |
| records and County Court Judgments (CCJs). | | | | obtain a copy of your credit report and help you get |
| * Credit Inquires. A comprehensive list of everyone | | | | through the UK recession. |