Get your free credit report
Posted on April 8, 2008 at 5:57 pm by Sherri R
Every thirty seconds someone has their identity stolen and this leads to financial and emotional stress. I have been a big fan of getting your credit report that are still available to consumers. With this information in hand you can see what accounts are still open and how many inquires have been placed against your credit. So if you see some weird accounts then you can shut them down and hopefully catch the errors before they grow to huge problems. Also getting your free credit report can actually save you money if find that a creditor incorrectly reported a late fee or late payment. Just one report can increase your APR on loans and credit cards and cost you hundreds in additional fees. This is true for those no fee 0% interest credit cards that we have all gotten in the mail. We have used them to purchase large ticket items like furnishings and appliances for our new home. This has worked out well as we wait to close on our house and then once we receive the equity we will pay off those debts. We then payoff the balance once we receive our tax refund. If not managed properly it can lead to some bad financial decisions, but we only put things on our %0 interest credit card that we know we will have cash for in a few months. Plus you can help pay off those bad credit loans earlier instead of paying on them for years.
