Free Annual Credit Report
As a result of the Fair Credit Reporting Act consumers in the United States have the right to request a free annual credit report. This has not always been the case as the law was only instituted in the 1970’s. Although it is beneficial in building credit, it is also a great way to know exactly what is on your report and whether or not there are any errors or instances of identity theft on your own report.
It is vitally important to get a copy of your free annual credit report since your score is affected by so many variables and can change significantly within the course of a year. No matter what you do it is essential to have good credit and the way to keep tabs on your credit is to take advantage of the yearly report that you are entitled to. In fact, for those who want to watch their credit even more closely, there are a number of credit monitoring services that will notify you every time there is a change even by a point or two.