Free Weekly Credit Reports Available for Another Year

man using cell phone
•••

JGI/Jamie Grill/Getty Images

Americans can now enjoy free weekly credit reports through April 20, 2022, as the big three credit bureaus have extended a program intended to help people manage their finances during the pandemic. 

Normally, people are only entitled to one free credit report per year, available at AnnualCreditReport.com. But on April 20, 2020, the three major credit bureaus—Equifax, TransUnion, and Experian—increased the frequency to once per week, in a program that was set to expire after one year. The latest extension adds another year to the program. 

"Access to financial information and records on a more frequent basis helps people plan for their future while also taking care of the present during these challenging times,” CEOs of the three credit bureaus said in a joint statement Tuesday. “We strive to make credit more accessible and available to people every day and we hope continuing to make free credit reports available each week is helpful to consumers.”

Taking advantage of those free credit checkups frequently might not be such a bad idea, experts say. Consumers have inundated the Consumer Financial Protection Bureau (CFPB) with grievances about credit reporting during the pandemic, complaining of errors on their credit reports, including identity theft

Fixing those types of errors or mistakes on your credit report could have a positive impact on your credit score. In October, the average credit score actually increased to a record high of 711 (a score that would generally be considered “good” by creditors) despite the pandemic’s ongoing economic hardships.