When is a consumer entitled to a free credit report?

A consumer is entitled to a free credit report under specific conditions, and the correct response reflects these rules. Every consumer has the right to obtain a free credit report from each of the three major credit reporting agencies—Equifax, Experian, and TransUnion—once a year. This annual free report helps consumers monitor their credit history and ensures accuracy in the information being reported.

Additionally, a consumer is entitled to a free credit report if they request it within 60 days after being denied credit, employment, or insurance due to information contained in a credit report. This right is in place to give consumers transparency and an opportunity to address any potential inaccuracies or issues in their credit history that may have impacted the decision made by the creditor or other parties.

Thus, the combination of these two situations ('every year' and 'when requested within 60 days') makes the answer comprehensive and accurate.