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Five
Reasons to:
Check
Your Credit Report Regularly
In
much the same way that a resume displays your work experience to a
prospective employer, a credit report provides prospective
creditors (and in some cases employers and insurers too) with a
detailed picture of your credit history. And like a resume, your
credit report can influence whether you will receive what you are
applying for.
Ideally,
your credit report is an accurate, up-to-date reflection of your
credit history. However, since we don't live in an ideal world, there
are many reasons that your credit report could contain inaccuracies
that might prevent you from receiving the credit you deserve. The good
news is you can take action to keep your report accurate. Here are the
top five reasons why you should make a practice of regularly reviewing
your credit report:
Inaccuracies
& Mixed Credit Files
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Many
inaccuracies on a credit report can be the result of simple human
error, and are therefore are not difficult to dispute. Of course,
if you don't order your credit report, you might never know about
it. Whether the inaccuracies relate to payments not credited, late
payments, or data mixed in from the credit file of someone else
with a name similar to yours, you will want to contact the credit
bureau to dispute inaccurate information promptly. If you would
like to get a free copy of your credit report, 
click
here now.
Tracking
Payments
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One
of the most important elements of credit is a demonstrated history
of on time payments. Once you send the check though, anything can
happen--a delay in the payment being received can kick you over to
a 30-day delinquency. If you call your creditor and explain the
situation, they might adjust the information. Of course, if you
don't read your credit report, you won't necessarily know which
payments are being received and reported properly. If you would
like to get a free copy of your credit report,
click here now.
Identity
Theft
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This
issue alone is reason to order your credit report immediately.
Identity theft is an insidious crime, involving a thief who
assumes your name to open new accounts, divert your card
statements to another address, and run up all sorts of bad debt
without you ever knowing about it until collectors come calling.
Over time, identity theft could jeopardize your ability to obtain
further credit. The best way to catch a thief who is using your
name is by getting a copy of your credit report, which will show
you if there are accounts listed you know you haven't opened. For
example, if a thief has intercepted a pre-approved credit card
offer in your name and sent it in with a change of address, your
credit report will include the account. If you would like to get a
free copy of your credit report, click
here now.
Inquiries
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If
you're shopping around for a loan or more credit, you should know
that when creditors check your credit, it places an inquiry on
your credit report. Inquiries can add up, which is often
interpreted as a negative by creditors. For this reason, too many
inquiries can actually make getting credit more difficult.
Moreover, if you didn't authorize someone to look at your credit
report and they did, they may have broken the law. If you would
like to see who's been looking at your credit, click
here to get a free copy of your credit report.
Credit
Fraud--Unauthorized Charges
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Credit
fraud involves the theft of your credit card or account number to
make unauthorized charges to your account. Though consumers are
protected financially from this abuse, other creditors may take
note of all this activity and decide to raise your interest rates
or refuse to grant you a loan. Ordering your credit report will
help you catch new activity on accounts that you haven't been
using, or may have closed. If you would like to get a free copy of
your credit report,
click here now.
When
it comes to managing your credit worthiness, your credit report is
your best resource. Ordering your credit report gives you the
opportunity to manage your credit wisely today, while planning your
credit strategy for achieving future goals--a credit-savvy move every
consumer should make! click
here to get your credit report, for free!
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