Released: June 28, 2008

Keep watch on your credit report—free

Source: Kenneth Harney, Washington Post (Free Registration)

If you’re thinking about buying a home or refinancing a mortgage, you may want to avail yourself of a forthcoming free service that could help you get a better mortgage rate.

Under the terms of a national class-action lawsuit settlement, you may qualify for six or nine months of daily monitoring of your credit file plus unrestricted access to your credit report and score. To be eligible, you must have had any form of open credit account - a charge card, student loan, auto loan or mortgage - at any time between Jan. 1, 1987, and May 28, 2008.

An estimated 160 million Americans meet that standard, although you must sign up by Sept. 24 to take advantage of the settlement. 

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