The Best Little Money Book
Tip of the Month
Specialty Consumer Reports
You probably know about the Credit Reporting Agencies (CRAs) that provide credit reports. We recommend that you review your credit reports at least quarterly by ordering a free report, rotating from Equifax, Trans Union and Experian so that you do not have to wait a full year to get another free report.
There are other free annual reports called specialty consumer reports. These agencies collect and share information about your history in the following areas: bank accounts, the underbanked, use of payday loans, and insurance for automobiles, homes and rentals. We are going to review some of the specialty reports listed here this month. Next month we will review specialty reports for medical, rental and employment histories.
The reports that are free each year are underlined. The other reports are free only if an adverse action has been taken against you based on the information in the report.
Underbanked and Payday Lending
Insurance History of Property and Cars