Get Smart About CreditOctober 20, 2022
As a consumer, you have a right to view your credit report from each of the three
credit reporting agencies (Experian, TransUnion and Equifax) each year. Visit annualcreditreport.com to
request the free report. You will have to pay to receive your credit score. It
is important to review your report to verify that the credit information
reported is accurate. Your credit report can affect your ability to finance
items like houses and cars, and it can even affect your potential employment or
your insurance rates. For more information on requesting the report, along with
instructions for what you can do if you find errors, visit the Federal Trade Commission website.
If you have minor children, you can ask the credit bureaus if a
credit report exists for them. The Consumer Financial Protection Bureau (CFPB) has
an article with tips on how to do that. You can
request the file from any of the three bureaus. This is especially important if
you believe your child may have been the victim of identity theft. If you
discover that your child has a credit file, you can dispute the error. This tip sheet from the CFPB includes
information on how to dispute the credit file for your child.
This information is meant to be a broad overview and should not be the only source
you consult for evaluating your risk management needs. Adherence to the above
guidelines does not ensure coverage under your policy, nor does it guarantee
your risk will be accepted by our company or that your property or operations
are safe, healthful, or in compliance with laws, rules, or regulations.
Coverage is determined by specific policy provisions, limitations and
exclusions that can only be expressed in the policy itself.