Knowing your financial history from the major credit reporting companies is key to future financial wellness.
Protect Your Financial Future with a Free Credit Report
- Equifax
- Experian
- TransUnion
Know your credit score and get the best rates on loans and credit cards.
What’s on a Credit Report?
Did you know that you can get a free copy of your credit report once a year from each of the three major credit bureaus? This is a valuable tool that can help you protect your financial future.
Your credit report contains information about your credit history, including your bill payments, residence, lawsuits, arrests, and bankruptcies. This information is used by creditors, insurers, employers, and other businesses to evaluate your applications for credit, insurance, employment, and even for renting an apartment.
By reviewing your credit report regularly, you can:
- Identify any errors or inaccuracies. If you find any errors on your credit report, you can dispute them with the credit bureaus.
- Spot any signs of identity theft. If someone has opened new accounts in your name, you’ll be able to see those accounts on your credit report.
- Monitor your credit score. Your credit score is a number that lenders use to assess your creditworthiness. By reviewing your credit report regularly, you can track your credit score and make sure it’s on track.
Why is it important to get your free credit report?
Your credit report can have a big impact on your financial life. It can affect your interest rates on loans, your ability to get approved for credit, and even your job prospects. That’s why it’s important to review your credit report regularly and make sure that it’s accurate and up-to-date.
How to get your free credit report
To get your free credit report, visit www.annualcreditreport.com. You can request a copy of your credit report from each of the three major credit bureaus once every 12 months.
Here are some tips for reviewing your credit report:
- Look for any errors or inaccuracies. If you find any errors, dispute them with the credit bureaus.
- Pay attention to your credit score. Your credit score is a number that lenders use to assess your creditworthiness. A higher credit score means that you’re less of a risk to lenders, and you’ll likely qualify for lower interest rates.
- Be aware of your credit utilization ratio. Your credit utilization ratio is the amount of credit you’re using compared to the amount of credit you have available. A lower credit utilization ratio is better.
CorePlus Credit Union is Here to Help
If you have any questions about your credit report or how to improve your credit score, please contact CorePlus Credit Union. We offer a variety of resources to help you manage your credit and achieve your financial goals.
And remember, CorePlus Credit Union is here to help you manage your credit and achieve your financial goals.
