How often should I check my credit report?
Absolutely you should be concerned about your credit report. With identification theft and fraud running rampant it is important that you regularly check your credit records. Many professionals will tell you to check once a month, others at least twice a year. Many companies for a monthly fee will provide you with access to your records 24/7 and will also provide fraud alerts. By law you are also entitled to review your credit records once a year for free. You can get your free reports here. https://www.annualcreditreport.com/cra/index.jsp If you want to pay a fee and check monthly there are many companies that provide this service for a fee. The best know one is free credit report dot com. http://www.freecreditreport.com/pm/default.aspx?
Credit reports are produced by credit reporting bureaus. Although the information is reported by the credit bureaus they do not verify its accuracy. Los Angeles, CA 7/18/2008 03:55 PM GMT (TransWorldNews) Credit reports are produced by credit reporting bureaus. Although the information is reported by the credit bureaus they do not verify its accuracy. It is your responsibility to verify the correctness and genuineness of the information provided. The only way of verifying the accuracy is to check your credit report regularly. Checking your credit report allows you to stay on top of your financial situation and hence, you are entitled to one free credit report each year. Creditors and lenders use your credit report to determine your eligibility to apply for loans, credit cards or other services.
