Written by: Lisa Castle, CFP®
Even though you may think everything is going well for you financially, it is always a good idea to check out your credit report at least annually to make sure there are no errors. This is coming from a personal incident where I needed to file a dispute with the credit bureau. There was someone that had the same name as myself connected to my credit report that, well let’s just say, had a rough financial past. I will not say it was a fun process, but after about a month, the credit bureau had things flagged and I had to prepare myself to explain the issues if I were to need a loan. If I were to apply for a major loan, I was prepared to submit a letter explaining the dispute.
Annualcreditreport.com is where you can get a free report from each credit bureau once a year. I suggest staggering your requests so you can view a report for free every three or four months.