This was the fault of a former employer, someone I haven’t worked for in over six years, so it’s frustrating to see this happen.  From what I understand, someone accidentally dragged and dropped a file into the wrong folder, thus publishing it on the internet.  It wasn’t linked, but we all know that scammers are really good at finding this sort of thing.  So now I wait.

Unfortunately, I had already used my three free credit reports for this year (well, this 12 month period), so I had to buy a report to check it.  And am going to have to continue to do so for a while.  I did put a fraud alert on my credit reports, per the suggestion of my former employer.

I also decided to check out a new service.  Equifax offers something called ID Patrol.  One perk of this service is that each year, you get a 3-in-1 report covering all three companies, which was something I wanted to see right now.  But the services looks pretty interesting.  For $14.95 a month, you get unlimited Equifax reports, the yearly 3-in-1 report I mentioned, a fraud alert feature, access to ID theft resolution specialists, ID theft insurance, and other services.  Additionally, they scan the underground websites that sell stolen ID information for your information and alert you if they find it.  I thought that sounded very interesting.

I did some research on the service and really didn’t find a lot about it, good or bad.  So I’m interested to see how I like it.

And yes, I know that a lot of the services they provide are services I could do myself.  I could continually check my credit reports and put alerts on my accounts and that sort of thing.  It’s an easy process.  But it’s time consuming and takes commitment.  Let’s be honest, sometimes it’s just easier to pay to have someone else do it for you.  I like that I can check my Equifax report every single day if I so choose. Sure, I won’t do it, but it’s a nice feature to have.

I’m crossing my fingers that this is all unnecessary and that no one managed to find the file my former employer managed to dump onto the internet.  That would be the best case scenario.

Practically every time you turn on the television, you see an add for a company offering to provide a “free” credit report. But if you try to sign up for this free credit report, you quickly find that it might be a free report, but by requesting the report, you are signing up for a service, and if you don’t cancel, you will be billed for that service.

You can, however, get a free credit report without having to worry about being billed. Under Federal law and the laws of a number of states, U.S. citizens are allowed to request their credit reports once a year for free. You can do this at AnnualCreditReport.com. Through this site, every 12 months, you can request a free credit file disclosure (also known as a credit report) from TransUnion, Experian, and Equifax. Because you can get one report every 12 months from three different providers, that means that you can choose to space them out throughout the year or can order all three at once and compare.

If you are not comfortable ordering online, you can do so by phone or by mail.

I have used this service and was very satisfied. At the end of February, I will be eligible to again request free copies of my credit report and plan to do so.

One thing to note is that this will not provide you with your FICO score. You will be able to review your credit report for any fraudulent activity (and be able to see what sorts of negative activities are reflected that will affect your credit score). It is not necessary to know your credit score, but it can be useful information.

Last summer, I decided I should know my FICO score, so I purchased a report through myFICO.com. I chose the FICO Standard report, which cost me $15.95. With this, I got a copy of my credit report (which I could have gotten free) as well as a copy of my FICO score and an explanation of why my score was as it was. This option also provides you with a FICO Score Simulator, which tells you how your score can change if you do a number of different things.

The site recommends that you check your scores from all three of the reporting companies, but the purpose of this is mainly to check for fraudulent activity – which you can do for free! However, your FICO score can vary, and if you are that eager to know your exact score, then it might be worth it to you to purchase all three reports. Personally, I’m comfortable with not knowing my exact scores, but knowing that my credit report is as good as it can be right now.

If you have never checked your credit report, what’s stopping you? It’s free and there are no risks, no hidden sign-ups. You just need to know where to go. And now you do.