I completely agree! I really dislike the current use of credit reports for everything. I had some blemishes and still have a hard time getting credit. I have a good paying job now and pay everything on time for the last 4 years +, but I struggle to even get a car loan due to old stuff on my credit report.
While in some part I do agree you must understand that the credit bureaus are businesses just like every other business in this Country and are in business for one reason only and that’s to make a profit.
Your information is available to you 24/7 if you want to enroll in any of the credit monitoring services that are out there. No they are not free because they are businesses also.
The credit reports are the best way lenders have to assess risk when looking at a credit application and I don’t see that changing any time soon.
Agreed. Many times, you can get a free credit report simply by disputing an item. For more information on this and credit repair, please visit this resource:
No, I don’t feel that you should be able to get it for free 24/7. There are tremendous expenses to these bureaus to compile and keep your information. It is not your property; it is theirs. If they weren’t around to compile your credit history, you would not have one.
You are entitled to your free reports each year from annualcreditreport.com. Just check one bureau every four months. When it comes to the year end, you’ll be able to rotate over and start again. As long as you vigilantly check your bank and credit card statements while checking your report every four months, there is virtually no need to be concerned about ID theft.
The current system is the most reliable and efficient way for credit reporting to happen. It gives lenders the information they need to make decisions on whether or not to extend a loan or line of credit to a certain customer.
By the way, people who are turned down for loans due to blemishes should be turned down. This shows there is risk for the lender to extend payment to that person. I have blemishes for late payments 4 years ago, but I accept responsibility for my actions and understand if this may cause me to be turned down for a loan.
If more people had been turned down who should have (instead of getting the loan), we wouldn’t be in as bad of a credit crisis as we are now.
I agree with you. You are only allowed to see your credit report once a year for free. There are 3 credit reporting agencies so you can see one every 4 months. I have identity theft protection with SOLUS ID. As part of the protection I get credit monitoring. I have unlimited access to my credit report and credit score. They also email me the moment anything changes on my report. Their website is
September 12th, 2009 | 
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I completely agree! I really dislike the current use of credit reports for everything. I had some blemishes and still have a hard time getting credit. I have a good paying job now and pay everything on time for the last 4 years +, but I struggle to even get a car loan due to old stuff on my credit report.
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While in some part I do agree you must understand that the credit bureaus are businesses just like every other business in this Country and are in business for one reason only and that’s to make a profit.
Your information is available to you 24/7 if you want to enroll in any of the credit monitoring services that are out there. No they are not free because they are businesses also.
The credit reports are the best way lenders have to assess risk when looking at a credit application and I don’t see that changing any time soon.
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Agreed. Many times, you can get a free credit report simply by disputing an item. For more information on this and credit repair, please visit this resource:
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No, I don’t feel that you should be able to get it for free 24/7. There are tremendous expenses to these bureaus to compile and keep your information. It is not your property; it is theirs. If they weren’t around to compile your credit history, you would not have one.
You are entitled to your free reports each year from annualcreditreport.com. Just check one bureau every four months. When it comes to the year end, you’ll be able to rotate over and start again. As long as you vigilantly check your bank and credit card statements while checking your report every four months, there is virtually no need to be concerned about ID theft.
The current system is the most reliable and efficient way for credit reporting to happen. It gives lenders the information they need to make decisions on whether or not to extend a loan or line of credit to a certain customer.
By the way, people who are turned down for loans due to blemishes should be turned down. This shows there is risk for the lender to extend payment to that person. I have blemishes for late payments 4 years ago, but I accept responsibility for my actions and understand if this may cause me to be turned down for a loan.
If more people had been turned down who should have (instead of getting the loan), we wouldn’t be in as bad of a credit crisis as we are now.
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I agree with you. You are only allowed to see your credit report once a year for free. There are 3 credit reporting agencies so you can see one every 4 months. I have identity theft protection with SOLUS ID. As part of the protection I get credit monitoring. I have unlimited access to my credit report and credit score. They also email me the moment anything changes on my report. Their website is
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