Comments:

I fully support the proposed rule that would allow consumers to receive, upon request, a free copy of their credit report. I also believe that a centralized source is the best way for consumers to access a free credit report because it would alleviate the complications of having millions of consumers calling three different CRAs. I do not currently live in a state that allows me to receive a free credit report, and I know for a fact that I would request my credit report on a yearly basis if I could receive it for free. I have been researching the topic of identity theft for awhile, and believe that credit reports are a valuable tool to help consumers protect themselves from such a crime. This proposed rule would also help raise consumer awareness about credit, which should help some consumers take more responsibility for their credit. In fact, the only negative outcome about this rule I can foresee is the potential for an overwhelming number of credit report requests to the centralized source. I believe it is good that the rule has a clause addressing such an occurance. The only thing I would change about the proposed rule is to include the nationwide specialty CRAs. I realize it might be harder for them to comply to such a rule, but I feel they should be included, and given a longer amount of time to prepare to handle an increase in credit requests.