Have You Checked Your Credit Report Yet?

Do you have a good understanding of your finances? One way you can learn more about your own financial history is to get familiar with your credit report.

What is on your credit report? Answering that question is your first step to understanding your own financial situation. Make checking your credit report an easy New Year’s Resolution!

You don’t need to be a financial expert to understand your credit report! You simply need to have a good understanding of your credit history so you can identify any errors or potential fraud.

Why Is It Important?

If you want to improve your credit before applying for a mortgage or any other kind of loan you need to know where you are starting from.

Your credit report will contain a detailed history of your finances over the last seven years. It will show your credit activity, any new accounts you have opened or closed, on-time payments and more. Reviewing your credit report is important to make sure that there are no errors that may be working against you. Can you imagine a single simple error keeping your credit score down? You would never know if you didn’t look at your credit report.

Once you know what you are working with you can make more informed choices moving forward.

Where Do I Get It?

Each person has three different credit reports and scores based on the three different credit bureaus; Equifax, TransUnion, and Experian. You may be able to monitor your credit score through your credit card company but you are likely only seeing one of these histories. To get the most complete and accurate picture of your finances is to see each credit report. You can do this by requesting your free annual report from the government.

Each American is entitled to one free credit report pull each calendar year from the Federal Trade Commission. You can get yours easily at annualcreditreport.com.

If you have exhausted your free copy and need another one you can request it through whichever credit bureau you are working with usually for a small fee.

Fixing your credit can be as simple as making a call! We're here to help you rebuild and understand your credit. Give us a call to get started or learn more about what we can do for you 1-800-431-0449.