Popularity high for free credit reports
"Tens of thousands of people are taking advantage of a new law allowing residents of the western United States to get a free copy of their credit report.
One month ago, the nation's three consumer credit reporting companies -- Equifax, Experian and TransUnion -- launched a Web site, www.annualcreditreport.com, where people can request one free credit report from each company every twelve months. The effort was required by federal legislation.
The free reports are being made available to consumers in phases, beginning in Utah and the West, according to the companies. The first phase, which began Dec. 1, includes Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, New Mexico, Nevada, Oregon, Utah, Washington, and Wyoming.
'In the first day, we delivered many tens of thousands in the first few hours, and so far the most popular way to get the reports has been via the Internet,' said Donald Girard, spokesman for Experian, in an interview with the Daily Herald. 'People seem to prize getting them quickly rather waiting 15 days to get them if they order by telephone or mail.'
Statistics about the number of people requesting the reports have not been broken down by state and it was not clear how many people from Utah have asked for their credit report, he said.
The reports will be made available to residents in remaining states as follows: mid-western states -- March 1, 2005; southern states -- June 1, 2005; and eastern states and other U.S. territories completing the roll-out on September 1, 2005."
Full article from The Daily Herald, Provo Utah
One month ago, the nation's three consumer credit reporting companies -- Equifax, Experian and TransUnion -- launched a Web site, www.annualcreditreport.com, where people can request one free credit report from each company every twelve months. The effort was required by federal legislation.
The free reports are being made available to consumers in phases, beginning in Utah and the West, according to the companies. The first phase, which began Dec. 1, includes Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, New Mexico, Nevada, Oregon, Utah, Washington, and Wyoming.
'In the first day, we delivered many tens of thousands in the first few hours, and so far the most popular way to get the reports has been via the Internet,' said Donald Girard, spokesman for Experian, in an interview with the Daily Herald. 'People seem to prize getting them quickly rather waiting 15 days to get them if they order by telephone or mail.'
Statistics about the number of people requesting the reports have not been broken down by state and it was not clear how many people from Utah have asked for their credit report, he said.
The reports will be made available to residents in remaining states as follows: mid-western states -- March 1, 2005; southern states -- June 1, 2005; and eastern states and other U.S. territories completing the roll-out on September 1, 2005."
Full article from The Daily Herald, Provo Utah
posted by Dave at 8:38 AM
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