How to Cancel Free Credit Reports
As a credit holder, you are entitled to receive a copy of your credit report for free once a year from the three major credit reporting agencies. This service is free of charge and is only good for one report. There are a number of companies on the Internet that will allow you to get your first report for free, then charge you a fee for each month you remain on their records. Here is how to cancel these “Free Credit Reports."
- Difficulty:
- Easy
Instructions
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1
Obtain your credit report yourself. You are entitled to a free annual credit report from each of the three nationwide consumer reporting agencies: Equifax, Experian and Trans Union.
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2
Read the terms and conditions that you agreed to when you signed up for the credit-monitoring service. Assure that you understand what you are agreeing to. Read the fine print, and make sure that there are no hidden charges.
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3
Send an email within 30 days from the date that you gave them your credit-card number and back out of the deal.
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4
Send written notification and demand a written verification that your order has been cancelled. Save all correspondence.
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5
Check with your credit card the following month. If there is a charge on the credit card, contact your credit-card company and lodge a dispute so that you will be refunded your money.
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1
Tips & Warnings
Keep records of telephone calls, emails and a copy of the contract that you signed.
Do not pay for reports when they can be obtained for free.
