2 min read
Younger man using a computer

Identity theft has been a rising concern and issue that many Americans have faced over the years. During COVID 19, there has been an increase of identity theft and scams. Equifax, Experian, and TransUnion, the three main credit bureaus, have recognized the challenge that people are facing. They are offering individuals access to a free weekly credit report through April 2021. People are all entitled to one free credit report from each of the three main credit bureaus each year. However, they have stepped up and are each offering this service more frequently during this time.

Advantages to Monitoring Credit

People should monitor their credit report to see if there are signs that their identity has been stolen and to keep an eye on their credit health. Those that steal identities use personal information for illegal purposes such as opening accounts in the victim’s name, gaining access to bank accounts and credit card accounts, or other illegal activities. Credit reports can also help people that may need to build, rebuild, or maintain good credit. Regardless of the situation, credit monitoring is great way for people to help protect themselves and get and remain on the right tract towards good credit health.

How to Sign Up

Individuals are encouraged to take advantage of this generous offer. To request these free credit reports weekly, visit www.annualcreditreport.com. Each time an individual wants to view their report, they can make the request from this website.

Note that a credit report does not come with a score, but it does allows people to see all the accounts that are open in their name. People should evaluate the report closely to ensure that there are not any inaccuracies. Keep in mind that all companies do not report to all three credit reporting agencies, therefore they may not have the same exact information.

 

Trade names are used only to give specific information. The Alabama Cooperative Extension System does not endorse or guarantee any product and does not recommend one product instead of another that might be similar.

Did you find this helpful?