What is the Fair and Accurate Credit Transactions Act?
The Fair and Accurate Credit Transactions Act (FACTA) was signed into in 2003. FACTA was a revision to the Fair Credit Reporting Act (FCRA) and allows consumers to get one free Credit Report from each of the three national bureaus once a year from AnnualCreditReport.com. Some other websites offer a “free credit report” for signing up with their services and use your free report from the government to provide that information to you. The free Credit Report you get during your trial with freecreditreport.com does not count toward your free report from the government. You can still get both. For more information, visit the Federal Trade Commission’s webpage about the FCRA. (http://www.ftc.gov/os/statutes/fcrajump.
The Fair and Accurate Credit Transactions Act (FACTA) was signed into in 2003. FACTA was a revision to the Fair Credit Reporting Act (FCRA) and allows consumers to get one free Credit Report from each of the three national bureaus once a year from AnnualCreditReport.com. Some other websites offer a “free credit report” for signing up with their services and use your free report from the government to provide that information to you. The free Credit Report you get during your trial with freecreditreport.com does not count toward your free report from the government. You can still get both. For more information, visit the Federal Trade Commission’s webpage about the FCRA.
