We strongly encourage you to obtain a copy of your credit report from all of the three major credit data services: Equifax, Trans Union, and Experian. The Fair Credit Reporting Act (FCRA) allows you to request a free copy of your credit report from each of the national credit bureaus once per year. The Federal Trade Commission, which is the nation’s consumer protection agency, has Facts for Consumers regarding this important legislation. There is only one web site authorized by the FCRA and the FTC to provide these free annual reports. That web site is AnnualCreditReport.com. Requesting a copy of your credit report is a good exercise even if you think you have good credit. It has been our experience that some students find erroneous derogatory information on their report. It will take a few weeks to eradicate these errors and it would be to your advantage to work on these matters as early as possible in the loan application process.
If you decide to request a copy of your credit reports more than once per year, you will have to pay for the additional request(s). You may request your report online, over the phone, or in writing by using the information listed below. Methods of payment will vary according to the way you request your report.
Special Note: If you have been denied credit within the past 30 days, you are entitled to a free credit report from the agency that that provided the information for the denial.