How many free annual credit reports may a consumer obtain in a 12-month period from the nationwide CRAs?

• A. One from each of the three nationwide CRAs (up to three reports per year if requesting from all three)
• B. Three reports per month
• C. Only one report per year total
• D. Two reports per year

Answer: (A)

Under the FACT Act, you can request one free credit report from each of the three nationwide credit reporting agencies every 12 months. Those agencies are Equifax, Experian, and TransUnion. So you can obtain up to three free reports in a year if you request from all three (one from each). You might stagger requests across the year, but the total remains up to three. Other options aren’t correct because there isn’t a monthly limit or a smaller yearly total—the limit is one per agency per year, totaling three.