My memories of elementary school were filled with joy when it was time to collect my report card (Wait a second – who gets excited to collect their report card?!). I couldn’t contain my excitement because my school rewarded honor roll students with a free personal pan pizza from Pizza Hut – YES!
Fast forward ten years and now I receive different report card on an annual basis, my credit report. Unfortunately it is not accompanied by a free pizza, but rather a warning that I spend WAY TOO MUCH money (Just kidding….sort of).
What is a credit report?
A credit report is a historical statement that details your use of credit. This is included, but not limited to, Credit Cards, Student Loans, Mortgages, and requests to check your credit score.
In addition, the report also details your personal information, shows potentially negative items that impact your credit, accounts in good standing, and credit inquiries.
Why should I check my credit report?
Checking your credit report and observing fraudulent accounts will show up on your credit report. For example, if you notice that there is a credit card with an outstanding balance that you never opened, it should be investigated immediately.
2. Inaccurate Information
It’s important to review your report for accuracy and dispute any changes that you know are incorrect.
3. Credit Score
If the information on your credit report is inaccurate, it can have a detrimental affect on your credit score. A strong credit score is important for getting approval for renting an apartment, buying a home, and applying for credit cards.
Check Your Credit Score Now!
Click on this LINK to get a free copy of your credit report! This is the only verifiable and FREE resource you can use to check your credit report.
Please note that you are allowed to receive a report from each credit reporting agency, Experian, Equifax, and Transunion. You are allowed to receive a free copy of your credit report every 12 months.
Take action and check your credit now to make sure you are building your nest for a bright financial future!
- https://www.flaticon.com/free-icon/card_664460#term=credit card&page=1&position=33