(FinancialHealth.net) – The COVID-19 pandemic is causing millions of people to lose their jobs. This is leading to a great deal of uncertainty. Now, Americans will be able to keep track of their financial health by receiving free weekly credit reports.
Americans can usually receive one free report per year from TransUnion, Equifax, and Experian. In a joint statement on April 20, the CEOs of the three major credit bureaus announced everyone can access their records weekly at no charge for a year. It’s their way of responding to the pandemic and helping to reduce some of the anxiety people are feeling.
To help consumers protect their financial health during unprecedented hardship caused by COVID-19 Equifax, Experian and TransUnion announce access to free weekly credit reports. https://t.co/ENpGi38086 pic.twitter.com/L1YAQhkW6d
— Equifax Financial Education (@EquifaxEDU) April 20, 2020
National Foundation for Credit Counseling Spokesperson Bruce McClary told Forbes phishing scams are on the rise since the pandemic began. Keeping track of your credit report is a great way to make sure you haven’t fallen victim to one of the COVID-19 schemes. Contact the three bureaus if you see something on your report that doesn’t seem right. They’ll put a fraud alert on your accounts and stop the thief from using your personal information to get more money.
Be sure to take advantage of the free service by visiting AnnualCreditReport.com. As always, vigilance is the best way to protect yourself from fraud.
~Here’s to Your Financial Health!
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