Millions of consumers each year pay for credit monitoring access. And some of the most common monitoring services are even actually owned by the credit bureaus themselves. Even though these services do typically offer a 30 day trial, monitoring costs after that can cost $50 or more in some cases.
You will need access to credit reports to help you during the dispute process. But insure your clients know that when your process is complete, they don’t need to continue to pay those monitoring fees.
Insure you tell all of your clients that there is only one true way to get a free copy of their credit report with no strings attached.
They can get this free report online at www.annualcreditreport.com. They can also download the request form at www.ftc.gov/credit and mail it to Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281. Or, they can call toll-free to receive their credit report at 1-877-322-8228.
Tell your clients that after ordering they should be able to download their credit report immediately on the Annual Credit Report website. It will take up to 15 days to receive their report if ordering by mail or phone.