Credit Resources

Credit Resources

Learn About Your Credit Score

www.myfico.com/CreditEducation

Get Your Free Annual Credit Report

www.ftc.gov/bcp/edu/pubs/consumer/alerts

The Fair Credit Reporting Act requires each of the nationwide consumer reporting companies – Equifax, Experian, and TransUnion – to provide you with a free copy of your credit report, at your request, once every 12 months.  The three companies have set up one central website, toll-free telephone number, and mailing address through which you can order your free credit report.  The Federal Trade Commission (FTC), the nation’s consumer protection agency, wants you to know that, if you want to order your free annual credit report online, there is only one authorized website:

www.annualcreditreport.com/cra/index.jsp

The Fair Debt Collection Practices Act

www.ftc.gov/os/statutes/fdcpa/fdcpact.htm

The Fair Credit Reporting Act

www.ftc.gov/os/statutes/fcra.htm

Taxing Debt Relief

www.irs.gov/publications/p908/ar02.html#d0e1058
www.irs.gov/pub/irs-pdf/f982.pdf

Debt relief may be taxable.  However, according to the IRS there is an exception if you were insolvent at the time your debts were settled.  These links take you to the IRS publication that explains how your debt relief may be tax exempt and to the related tax form to file.