Maintaining a good credit history is essential to your ability to purchase a home, get a car loan, borrow money for other purchases, take out insurance, rent an apartment, even get a job. For all these reasons, it is very important to monitor your credit history on a regular basis. Everyone is entitled to receive a free copy of their credit report each year from the 3 main credit reporting agencies: Experian, TransUnion and Equifax. You can get your free copies at: www.annualcreditreport.com.
Review the report from each of the reporting agencies (they can differ). Do this every year even if you are not in the market for new credit. It can help guard against identity theft and also help you prepare for the day you do need to take out a mortgage, refinance, buy a car, etc. Review the reports for accuracy. Read More