TRW is one of the big three nationwide credit report companies. If you want a copy of your credit report, they will give you a free copy to which you are entitled by law. You have to be careful to cancel all associated ongoing services when you access your report straight from TRW. If they take your credit card details, they will continue to charge you for services, and your ‘free’ report may end up being very expensive.
All credit companies get their information from different sources, so it is worthwhile obtaining a credit report just to check that all the details contained in it are accurate. Lending institutions, employers, credit card companies and retailers all get information from your credit report, so it is your best interests to make sure that the information they are getting is current. Mistakes are common, so you should check your information at least once a year. It is also worth checking to make sure that no one has used your identity to take out loans, leaving you with a chequered history that you did not create.
All you need to show to get your free TRW credit report is proof of identity and address, such as a driver’s licence, or a bill. You can only get one free copy a year, and after that a fee will be charged. If you have been refused a loan or other types of credit, then you can obtain another free copy of your report if you apply for it within 60 days.
The TRW credit report may carry with it monthly fees, so be aware of if there are any associated charges when you order your report. If it does carry extra charges you can always obtain a copy of your credit report from the internet, which is sometimes completely free of charge to all U.S consumers.
When you get your free TRW report, you will also get a trial version of Check monitoring. It is, however, only free for one month, and if you don’t cancel it, then there are monthly charges. If you don’t want to be charged extra costs and you are asked to give out your credit card number, then do not use the service, as there will most likely be hidden costs that will be charged to your credit card.