Free Credit Reports: A Walkthrough

About this time every year I try to remind myself to send away for a free credit report from both TransUnion and Equifax. Taking a look at your own report allows you to see how lenders view you, and also lets you check to make sure there are no mistakes.

In case some of you are unsure of how to get this information, I thought I would walk you through it.

First we’re going to download the report request forms from the two companies: Transunion and Equifax and fill them out. While providing your Social Insurance Number is optional, I have heard that it speeds up the process.

You will also have to photocopy both sides of two pieces of major ID, such as your driver’s license and passport, and submit that with your request form. Combined, the two pieces of ID should have your address, name, signature, and date of birth.

And that’s it. Mail them to the respective agencies (addresses on each form) and wait to get your free credit report.

I should point out that this is just your credit report. It has all the information about your credit history, but not your credit score.

Once you get it in the mail you want to check for mistakes and correct any if they exist. Mistakes may be as small as a mis-spelled street name, so take a good look. A good document to look through while you wait, and alongside the credit reports once you get them, is called “Understanding Your Credit Report,” which I have linked under “Resources” in the side-bar to the right.

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2 responses to “Free Credit Reports: A Walkthrough

  1. Pingback: Free Credit Report: A Follow-Up « In Search of Salt

  2. Pingback: Obtaining Your Canadian Credit Score | In Search of Salt

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