1. The right to view your credit report.  The credit reporting agencies are obliged by law to supply you with a full report on your credit transactions whenever you request it. You can receive one credit report a year free of charge. The credit reporting agencies are allowed to charge a reasonable fee for every subsequent credit report you request. However, if your credit application has been recently rejected, you are entitled to a free credit report even if you have already requested one that year.

2. The right to know who has checked your credit history.  According to the current  laws, you are entitled to know every bank, credit card company, employer, etc. which has requested a copy of your credit report.

3. The right to request verification of information you believe is incorrect. It guarantees that the credit reporting agencies will investigate the disputed items. It is an extremely important provision of law allowing you to keep all records on your file updated and correct.

4. The right to insert missing data into your credit history. Sometimes granted credit never  makes its way into your credit report. This provision of the law allows you to report positive credit information to the credit reporting agencies and have it entered into your credit report.

5. The right to automatically remove information that is over seven years old (10 years for bankruptcy) from your credit report. It gives you an opportunity to start over again and re- establish  yourself after former financial problems.

6. The right to place your personal statement in your credit report. Some people have negative credit due to extraordinary events such as loss of a job, sickness, divorce, etc. This law allows you to include a written statement of 100 words in your credit report. It can be used to explain the reason for bad credit to the future creditors.

7. The right to privacy of the information contained in your credit report from anyone other than legitimate members of the credit reporting agencies. By law, no  one is entitled to take a look at  your credit report without your permission. That is why creditors  always ask you to sign a form authorizing them to examine your credit report. However, the credit reporting agencies are allowed to examine your credit report without your permission if it is essential for legitimate business purposes.

8. The right to transfer your credit report (nationwide) any time you relocate. This provision of the law gives you an opportunity to benefit from your positive credit history  anywhere in the United States. Unfortunately, it also means that poor credit history would make your life more complicated even if you relocate.

9. The right to use the small claims court system to resolve any disputes with the credit bureaus about incorrect or inaccurate information on your credit report. If some information on your credit report is inaccurate and you cannot repair the inaccurate items through the traditional credit repair process, you have the right to present your evidence in a court of law to resolve the disputes.

10. The right to know why exactly you were refused credit. It means that any creditor who denied your application  must inform you why exactly he made this decision. A corresponding request must be filed within 10 days of your denial.