what is "FACTACT FREE DISCLOSURE"

[mp8325]

A "FACTACT FREE DISCLOSURE" appeared in the account review inquiries on my TU report. What does this indicate?

 

I have recently had a couple of old addresses removed.

[dilligaf]

Did you pull your free annual credit report?

[mp8325]

Did you pull your free annual credit report?

 

Yes. Is that all it is?

[dilligaf]

I believe so.

 

Does the date match when you pulled it?

[mp8325]

I believe so.

 

Does the date match when you pulled it?

 

The month was the same.

[GoArsenal]

I just had one of these inquiries on my credit report, however I have not received a free credit report since last year... All I did was a dispute, whats the deal with this as its not due to me getting a annual free credit report?

[Xecuter2]

I just had one of these inquiries on my credit report, however I have not received a free credit report since last year... All I did was a dispute, whats the deal with this as its not due to me getting a annual free credit report?

Does your CR show your correct current address? Hopefully it's not being mailed to somewhere else.

[GoArsenal]

Yes, current address is the only one on there.

[ICANHASMUNY?]

Last decade (in 2003 to be exact) the Fair and Accurate Credit Transactions Act was passed by President Bush. This is the law that allows you to obtain a free copy of your credit report from the 3 major credit bureaus once per year; Experian, Equifax, and TransUnion. The passage of this law was very important for all of us, because before that they would charge us just to see what was on our credit reports… that’s completely unfair, we shouldn’t be charged just for ensuring our reports are accurate!

 

Each time you check your credit report under the FACT Act, an credit inquiry has to be made. Fortunately, the credit inquiry is a soft pull that does not affect your credit score in anyway. Each credit bureau will then list that inquiry under the soft inquires section and will call it a Fact Act Disclosure or other various (but similar) sounding names. TransUnion has been known to list theirs as the “Factact Free Disclosure” on reports.

 

So what you see listed probably came from the last annual credit report you obtained for free. Or if you made another inquiry under the FACT Act (like if you were the victim of identity theft and previously pulled your report) then it may be showing up for that reason.

 

 

 

Googled it.

[BamaInvestor]

 

Did you pull your free annual credit report?

Yes. Is that all it is?

 

Yes that's all it is.

[shifter]

Holy old thread batman!

[BamaInvestor]

Holy old thread batman!

 

Good call shifter! Totally missed that one!

[cv91915]

I don't think president pass laws, either, BTW.

 

http://creditboards.com/forums/index.php?showtopic=207703&do=findComment&comment=4952025

[ICANHASMUNY?]

 

Holy old thread batman!

 

Good call shifter! Totally missed that one!

 

 

 

don't know why I bumped it - thought is was in the " new content " ......

[BamaInvestor]

 

 

Holy old thread batman!

 

Good call shifter! Totally missed that one!

 

 

 

don't know why I bumped it - thought is was in the " new content " ......

 

 

You are forgiven provided all the good work you do here...