A free personal credit report is available to consumers, along with a free credit score when you enroll in a Free 30 day credit monitoring trial. When you receive your free personal credit report make sure to check it carefully for any inaccurate information.
It is important for you to check your personal credit report on a regular basis for two very important reasons:
- The information in your personal credit report determines your credit score and incorrect information could end up lowering your credit score and, costing you extra money in financing charges on a home loan or refinance, new car, credit cards, or even insurance rates.
- The information in your personal credit report could help you in the early detection of potential identity theft. For example, lets say your personal credit report contains credit "inquiries" that indicate that someone else has applied for a credit account in your name. Or, checking your personal credit report could reveal that someone has changed your contact information to hide fraudulent charges.
When you check your free on line credit report, check it carefully and then print it out on your computer. Keep it in a safe place and compare it with future credit reports and make sure that you are well familiar with any new information that appears on your reports.
Remember, credit bureaus basically include information on your credit reports that has been provided to them by your creditors. It is up to you to make sure this information is correct.