In these tough economic times and at a time when banks are not lending as freely as they have in the past. Good credit needs to be a priority. Look at your credit report regularly, question mistakes or unknown information.
You are entitled to a free credit report one time a year. This is the only free report. www.annualcreditreport.com or call 1-877-322-8228 You will not get your credit score but you will be able to see what is on your credit report and see any outstanding debts that you may have. For your credit score there is an additional charge. You can go to www.fico.com for your credit score.
Valuable Tips: ALWAYS
On credit cards: Note how many credit cards you have, any annual fees, what interest rate you are paying and any outstanding balances.
If you have a problem with your credit and need help, go to a non-profit agency. These are the only legitimate agencies that can help.
Your credit report is your report card of how you pay your bills if your bills are paid late everyone will know. Remember with a high credit score you will be able to get a loan at a lower rate. Also note if you are ever denied credit you can request a copy of your credit report from the company who declined you, free of charge. Credit is the most important indicator of your character that needs to be maintained. Your credit shows that you pay your bills.