This time of the year, everybody is thinking about their finances. Money is on our minds. So while you’re rummaging through your receipts and reviewing those W2 forms, add a credit report to your list.Why get your credit report right now? Making sure your credit report is accurate can get you lower interest rates, save you money and help protect you from identity theft.Wow! A credit report can do all that? Well, yes. It’s quite a powerful financial record. The more you know about your report, the better off you’ll be when getting a mortgage…buying a car…renting an apartment…even getting a job.Put on your thinking cap. Let’s test your credit IQ.True or false: You have 3 separate credit reports, and each one can contain different information. True. Each of the big three credit bureaus—TransUnion, Equifax and Experian—keeps its own record on you and gathers information independently. That means each report is unique, and that can mean three different credit scores as well. In order to get your complete credit history, you should consider all three credit repots and scores. This combines all your information in one easy-to-read report.True or false: You only need to check your credit report once a […]

Full Article At: KnowHow-Now.com Articles

Bookmark to: