It’s time for a credit check people! Seriously, if you’re not checking your credit at least annually, you could be doing yourself a disservice. I wrote about this in my second post ever on this blog (see here). Now I used up all my witty quips about credit reports in my original post so today’s post is a TAD boring. 🙂
I’ll sum up the basics here though:
-There are 3 credit reporting agenicies: Equifax, Experian, and Transunion. You can get a free report each year from each agency. I pull the Equifax report in January, the Experian report in May and the Transunion report in September. That way I keep an eye on my credit throughout the year.
-I ONLY pull my credit through https://www.annualcreditreport.com
This agency allows you to pull a FREE report with no strings attached and it does not affect your credit. Be VERY careful of processing credit reports through any other avenue. With other services, there are hidden fees, mailing lists, and it can negatively affect your credit.
-Annualcreditreport.com does not provide you with a free FICO score (you do have to pay for that service), however the actual report is completely free. I can see all of my current and past accounts and whether or not they are in good standing.
-It also gives you the option to dispute any information you feel is incorrect. For example, after I pulled my last report, I saw that it listed other names I had gone by. My married and maiden names were correct but then there was another one listed with some weird middle name that I had never had. I disputed this and it should be removed. I don’t see it on the Equifax report I pulled today so that’s a good sign. However, each agency can have slightly different information. That is why it’s important to keep an eye on all three reports.
There are a few more tips in my original post on this, so please feel free to read up! I’ll have more super exciting posts on finance and tax season shortly. Aren’t you just chomping at the bit??? 🙂