Time of Year Again----Check Your Credit Score and Protect Your
Do you know your current credit score? When
was the last time you checked your credit report? Your credit
score affects many aspects of your life, including making large
purchases, obtaining loans, renting an apartment and even
applying for a job! Here are a few important facts to keep in
mind when monitoring your credit score.
First and foremost, make sure you check your
credit report three times per year (one for each of the three
major credit reporting agencies: Experian, TransUnion and
Equifax). You can do so for free by visiting
www.annualcreditreport.com. This is especially important to do a
few months prior to major purchases like a house or vehicle.
Second, use this check of your credit report
to protect your identity. Unauthorized accounts, loans or
purchases will damage your credit and let you know someone has
stolen your identity. This is also important because your credit
report has information on current and previous addresses, your
social security number, and the number of times you have applied
for credit. All of this information is valuable to identity
thieves and needs to be checked regularly.
For more information about keeping your personal information
Identity Theft Prevention
in our Financial Education Center.