In the past, consumers had a hard time accessing one of their most influential financial documents – their credit report. Now however, amendments to the Fair Credit Reporting Act allow consumers a free copy of their credit report every 12 months.
Why is this document so important? Creditors and Companies use your credit history and credit rating to determine whether to approve you for a number of life’s most important moves: applying student loans, financing a home, and buying a car.
What is included in your credit report?
By checking each area of their credit report regularly, consumers can ensure that the information is accurate and that identity theft hasn’t occurred. As an added benefit, by understanding what is in a credit report, consumers are able to improve their credit habits and credit rating.■
SIGN UP
