Financial Literacy - Free Credit Report
The Fair Credit Reporting Act (FCRA) requires each of the nationwide credit reporting companies (Equifax, Experian, and TransUnion) to provide you with a free copy of your credit report, at your request, once every 12 months. The FCRA promotes the accuracy and privacy of information in the files of the nation’s credit reporting companies. The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the FCRA with respect to credit reporting companies.
Student loans, in any stage of payment or non-payment, do report on your credit report. It is important for students to begin understanding how to manage their student loan debt, personal debt, and continuously improve their credit for future purchasing goals (i.e. buying a car, buying a house, credit card limits, insurance premiums, etc.)