Tuesday, 01 September 2009 20:51

Q. I would like to get my credit report online. Is it safe and secure?

A. It is safe and secure. Obtaining a credit report usually costs $15-$30, but there are cases when you can get it for free.

First of all, if you recently applied for credit and were denied, you become automatically qualified for a free credit report within one month after denial. It's a law.

Second, some credit monitoring companies have promotion offers such as "get your FREE credit report when you subscribe for 1 year". Obtaining a credit report on a regular basis is important since it helps prevent identity theft as well as simple errors. Thus, people who want to monitor activity on their credit standing subscribe to that service and can take advantage of such promo offers.

Good luck!

Moni.