Find Out Who You Owe Money for Past Debts with a Free Credit Report

Imagine that you had lost your job after an accident and you could not work for the past two-three years and now you are in the position to pay your debt but you do not know exactly how much you owe. Imagine furthermore that you are a parent and you must survive with your children so you are constantly moving.

Anyway, all the problems have passed away so now you are ready to establish your new life and get out of debt. This article is going to show you some options. First thing you can do is to go to Citizens Advice because your debts could have risen out of control and you might have court cases and processes pending. This will help you to contact your creditors and pay the debts without the charges.

Another way is you can find out exactly what your debt is given by a law that has passed 5 years ago which gives you the right to have an annual free credit report at 3 major credit report agencies. You have the right to search for free credit report earlier. It will list all of your credit history both paid and unpaid accounts along with the name, address, and phone number of the place you owe, be it the original debtor or a collection agency. Then you can start paying them off. The financial consultants’ advice you to pay the smaller ones first because that way you can get out of those debts faster and after that there will remain to pay the bigger ones. Some collection agencies will accept to settle the debts for less than you owe if you pay the credit at once. You can also check  FreeCreditReport.com. The three agencies that can offer you a free credit report are: Equifax, Experian, and Trans union.

At FreeCreditReport.com you can find out who has been checking for your credit report and why. You can look for potential identity theft or inaccuracies. FreeCreditReport.com is part of a family of online credit consumers that belong to ConsummerInfo.com. They were founded in 1985 and they are the market leader on online consumer credit reports, credit scores, credit monitoring, and other credit-related information. They are dedicated to people, to all people. Their clients must be satisfied. As they practice inexpensive credit report and offer great services.