Did you know that you are entitled to a free credit report each year? It is recommended that you take a look at this report on an annual basis as it is not uncommon for errors to appear by either the credit bureau or the creditors. It is also a great tool to prevent identity theft as you will be able to see if any accounts were added to your name and if there are/were any unauthorised transactions on your active accounts.
A poor credit report could adversely affect the amount you are able to save, as it could result in you paying higher interest rates on any new loans, which will ultimately reduce your disposable income and it can also prevent you from getting that credit in the first place.
Remember it is free! Never pass up a freebie, especially when it can affect your financial health and well-being. Your credit report plays an important part in your credit transactions and many other financial relationships. Get your free credit report from Transunion today!