Since 2005 consumers may obtain a free credit report every year. The deployment of the Fair and Accurate Credit Transactions Act signed by President George W. Bush actually began last December 1. If you did not know, do not worry. You have not missed the boat. Not everyone has the right to obtain your credit report. The Federal Trade Commission (FTC) allows the credit bureau to implement the program gradually so as not to overload the new credit report system. Millions of consumers are expected to take advantage of free reports.

Last December, consumers in Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, New Mexico, Nevada, Oregon, Utah, Washington and Wyoming were able to take advantage of the free credit report. Next March, the Midwest will have access to free credit reports. The South has to wait until June, and the East must wait until September 2005. After your right, you can request report free credit Web site, calling a toll free number, or by written request. The website address is AnnualCreditReport.com. This website was created by the credit bureaus.

The toll free number is (877) -322 to 8228, which also is (877) -FTC-HELP if that is easier to remember. The address to write is Annual Report Request Service, PO Box 105 281, Atlanta, GA., 30348-5281. Will not be asked to sign for a trial subscription for a credit monitoring service, upon request of your credit report. You are not limited to one free credit report per year. You can apply for three – one for each of the credit bureaus: Experian (Equifax Inc. (and Trans Union LLC (It’s a good idea to order a credit report from one credit bureau every four months to monitor activity related to its credit. You do not have to ask three credit reports at the same time. Errors in credit reports can cost you much money. You need to ensure that your credit report is correct before submitting an application for a mortgage, buying a car on credit, or even apply for a credit card. Take advantage of free credit reports to protect your most important financial asset – your credit. George Burks has offered a plan biweekly mortgage payments, no registration fee since 1999.