You have the opportunity to obtain a complimentary credit score from each of the three major credit bureaus once a year.
Regularly checking your credit report is an important practice for maintaining a good credit score and ensuring a stable financial future. Each year, you’re entitled to one free credit report from each of the three primary credit bureaus. To access your report for free annually, simply visit https://www.annualcreditreport.com.
The main three credit bureaus that you can get your free credit report from are: Experian™, Equifax® and TransUnion®.
Here are some key reasons to examine your credit report:
No matter where you obtain your credit report, it’s essential to thoroughly review it for several important reasons, including:
- Identifying possible mistakes or inaccuracies (although uncommon, these can affect your credit score)
- Staying informed about your financial objectives and progress
- Checking the status of your open and closed accounts
- Monitoring your credit utilization rate
Regularly reviewing your credit report is a positive financial practice that can enhance your understanding of your credit score and contribute to its improvement, ultimately benefiting your overall financial health.