With the current pandemic, it wouldn’t be surprising if you’re worried about finances and credit ratings. To that end, the three major credit bureaus, Experian, Equifax, and TransUnion, jointly announced an offer to provide Americans free weekly credit reports through April 2021.
In the joint statement, Mark W. Begor, CEO of Equifax; Brian Cassin, CEO of Experian; and Chris Cartwright, CEO of TransUnion, explained:
These are unprecedented times facing the world. People are feeling scared and uncertain about the future. To help play our part and reduce some of that anxiety, we are uniting as an industry to help people know the facts about their financial data. We are making credit reports more accessible more often so people can better manage their finances and take necessary steps to protect their credit standing.
To access the free credit reports, you’ll need to go to AnnualCreditReport.com and follow the same process you would normally use for your free yearly report. Considering Intuit plans to buy Credit Karma, which provides a similar service, the timing couldn’t be better.
However, these credit reports list balances, accounts, and other factors affecting your credit. They don’t provide a credit score. The idea behind the reports is to see that they’re accurate and, if not, dispute any issues.