Free Trans union is one of the constituents of the FCRA and is legally authorized to give you free credit report. But it is vital for you to understand how it is broken up. Hence to maximize the benefit of your credit report, try to see the report details just the way a creditor does.
A Trans union provides four types of details:
Identification
Credit History
Public Records
Report Requests
Trans Union identification portion contains your personal details like name, present and previous address, phone number, social security, and your office address. Of all these, your name and social security code are needed to help the agency to gather more details about you. To get your credit report on time, give all the accurate information along with all the details. This is essential for married and formerly married women who tend to many different names.
This credit report keeps the track of all your old financial transactions. The lender focuses more on the details like if the bill amount has been paid in full on time, the length of your credit, any new account opened, whether you account balance is small or large, total size of debt.
If there is any problem in bill payment, it can cause problems for you while applying for a loan as lender will always require a security against loan.
Trans Union gives you a copy of your credit report as per Fair Credit Report Act (FCRA) once in a year. Internet is the excellent method of getting your credit report. Trans Union has its own authorized site that has an online form where you can submit all your information to get your credit report. However any false information means your form will not be processed