Do I Really Need a Current Copy of My Credit Report?

Years ago, you could not even get access to yourchecks once you are a credit card holder..c. Installment
Credit Report. Finding out what was being reportedLoansd. Mortgage Loanse. Lines of credit
about you was a BIG secret. As a matter of Fact,4. Insurance Companies, they pull credit and base
banks did not want you to know. The reason they didyou're Premium on your credit score.
not want anyone to know, is because they cannot5. Car Lots
make money on an educated consumer. Now underAll of these companies are involved in everyone's life
the 2003 Fair and Accurate Credit Transactions Act,in some form or fashion. In order to survive these
you are entitled to one Free Credit Report per year.days, most of us have just about everything previously
But the big question is do I need a copy of my report?mentioned. Your Credit Report is so important to have,
In this article I will discuss why you do, and what isI recommend getting a copy of your report every 60
going on in our market place that could affect you.to 90 days. The Reason for this is your creditor's re-
Especially if you are not up to date in regards to whatreports with all 3 bureaus every 30 days. Anything can
is being reported about you with all three bureaus.happen on your report that may or may not be
Companies that pull your credit:accurate. Remember they really don't want you to
1. 35% of employers now look at your credit beforeknow your credit. So, I recommend to everyone, keep
hiring you.yourself informed about what is on yours. You also
2. Utility companies and they are actually thinking aboutneed your credit scores, the once a year free credit
basing your rates on your credit score.report does not come with credit scores.
3. Banks for the following:a. checking accountsb. CreditRemember "Your Credit is your Life.
Cards; credit card companies also do periodic credit