First it is important that you do not confuse the credit report with a blacklist of defaulters. The reality is that credit score is a faithful mirror of the decisions you make when you acquire debt. Here are 3 important reasons to review your report periodically:
- PROTECT YOURSELF AGAINST IDENTITY THEFT
Remember, if you observe an unusual transaction that you cannot identify, you have to take immediate action by notifying your bank and asking to freeze your accounts. If not, a possible usurper could manage to steal your identity, make you lose money and affect your financial reputation
- CHECK FOR POTENTIAL ERRORS IN YOUR REPORT
Not even credit bureaus are perfect, and the information has to be double checked in order to avoid mistakes. Being attentive to your report will make it possible to identify potential inconsistencies on it. In this case, try to clarify the problem with your lender in a timely manner. Make sure that the information is always accurate and as up-to-date as possible. This will save you time and money!
- KNOW WHO IS REQUESTING YOUR CREDIT HISTORY
Not only financial institutions review your credit score. Also, governments, companies and individuals who want to work or do business with you; review your credit score as step to start conversation. By monitoring your activity, you will know exactly how many inquiries have been made and who has requested them.
HOW DO I GET MY FREE CREDIT REPORT?
Very simple, go to Crediverso.com and click on free credit score or go directly to the link by clicking here. Remember that Equifax, Transunion and Experian are the most reliable credit bureaus to see your credit score without affecting it.