According to the Federal Trade Commission, consumers will be able to request free copies of their credit reports very soon:
Soon youâ€™ll be able to get your credit report for free. A recent amendment to the federal Fair Credit Reporting Act (FCRA) requires each of the nationwide consumer reporting companies 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 nationâ€™s consumer reporting companies. The Federal Trade Commission (FTC), the nationâ€™s consumer protection agency, enforces the FCRA with respect to consumer reporting companies.
This will no doubt anger those companies who routinely made $25 for access to your latest credit report.