Did you know that the government mandates that you can get your credit report once a year ABSOLUTLEY FREE? Most people don’t know this and pay $20, $40 or even more to get their credit report, accepting that a fee is required in order to know about late payments, outstanding debts and other details about their own personal finances!
Don’t pay for a credit report; read on to learn how you can get your free credit report and use this valuable information to improve your credit standing and borrowing power.
Most people think they can not afford to own their own home, finance a new car or obtain a low interest credit card. But the truth is that almost anybody in America can borrow money if they simply take the time to learn a few basic principles of money management  and how to obtain credit.
Even sadder is that many people waste their hard-earned credit by using it to buy depreciating assets; things like a new television, car, clothing, jewelry, etc. Instead, you should look into getting a loan secured by real estate, which is an appreciating asset and one of the few investments that allow you to borrow up to 90% or more of the purchase price and own an asset that has incredible long term investment opportunities!
If you have missed credit card payments  you probably think you’ll never be able to buy your own home. But in reality, you can easily improve your credit record and save or borrow a few thousand dollars from family or friends in order to buy your first property. Its true; I bought my first home in 1995 with only $16,000, most of which I borrowed from my mom. With that down payment I was able to buy a home in California valued at $219,000 at a time when real estate prices had been hammered and people thought that the real estate market was finished.
Only 5 years later, in 2000, I sold that home for $420,000, using the gains to buy a new home that was then worth $600,000. In 2005, I sold that home for $1 million. I’m not lying; I made over $1,000,000 on my $16,000 investment in less than 10 years. And you can too.
So, go get your free credit report now and get started; don’t be lazy or afraid of what you’ll learn about your spending and credit card debts. If you don’t learn what your credit score is, you are simply like an ostrich hiding its head in the sand. You won’t lose anything by obtaining this information; it’s your credit score and you owe it to yourself to understand what the records contain! If you don’t know you won’t ever be in a position to improve your financial circumstances so don’t hesitate.
The first step is to obtain your free credit report today. There is only one place where you can obtain your free credit report as mandated by federal law; any other site you visit will probably be charging you a fee. To order, visit annualcreditreport.com , call 1-877-322-8228, or complete the Annual Credit Report Request Form  and mail it to: Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281.
If you don’t believe me, you can visit the Federal Trade Commission website to verify this URL. Go to the FTC’s "Your Access to Free Credit Reports " web page for more information on this program.
In my next article I will explain how you can use the information in your free credit report to improve your score and prepare yourself to own your own home. Don’t wait; go to the website now and get your credit report; it takes only about 10 minutes and won’t cost you a dime. No strings, no BS; the government has made it possible for you to obtain your free credit report absolutely free !