Texans are now able to get a FREE copy of their credit report every 12 months from each of the three national credit bureaus—Experian, Trans-Union and Equifax – by visiting www.annualcreditreport.com  or calling 1-877-322-8228.

Free credit reports were mandated by the Fair and Accurate Credit Transactions Act of 2003 to help reduce the fast-growing crime of identity theft. It is smart to check your credit before applying for a vehicle or mortgage loan, since information in your credit report helps determine your interest rate.

Once you have a copy of your credit report, review it and look for incorrect names and addresses, accounts that do not belong to you, or accounts incorrectly listed as open or delinquent, or bankruptcies, charge-offs, or judgments that do not belong to you. If you would like to improve your credit rating, then perhaps you should enroll in AFCU’s Credit Builder Program.

The Asset Recovery department developed the Credit Builder Program for our members to establish a secure future. The program assists a person that may have experienced financial difficulties, and correct current or past credit problems by establishing a step-by-step process. It is never too late to start improving your credit. If you have questions about how you can improve your credit or the Credit Builder Program, contact the Asset Recovery department at 210-554-8770.