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.