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Time to Check the Credit Report

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It’s that time of year for me. Time to check my credit report.

While I’ve got several tools in place that alert me to changes and such, I always set aside a little time during this month to pull official copies of my report from all credit bureaus and give them a thorough review. Per the Federal Trade Commission, each consumer is entitled to one free copy of their credit report each year. You can visit annualcreditreport.com to access yours.

credit reportI know some people recommend just pulling one per quarter from the different agencies to spread this benefit over the year. But this is a tedious job to me, the review, the phone calls, and then letter writing and follow up. So I prefer to do it in one fell swoop.

The Balance has a great article on what things you should be looking for as you review your credit report.

I also use the resources regarding my credit report and credit score on Credit Warriors blog.

I made the costly mistake of paying someone to help with my credit score a few years ago. Thankfully, I got out of that arrangement quickly. And over time have learned that I can do anything a “credit repair” company can do. And the first step of that is keeping aware of what is on my credit report.

Over the years, I have probably had one or two inaccuracies removed per year. This year I’m hoping to get some delinquent payments removed from my history with goodwill letters to several old creditors. I cannot dispute the status as I was certainly late. But with two years of consistent on-time payments now since my period of unemployment, I’m hoping I can boost my score a bit with this strategy.

Do you have a regular schedule for reviewing your credit report? And have you ever done any “credit repair” tasks? I would love to hear about your success and any tips and tricks you might have. Other than paying on time and making sure everything is accurate, this will be my first time taking it a step further.


5 Comments

  • Reply Jessica |

    No offense, Hope – but did you write this? It reads very differently than your normal “voice”

    • Reply Hope |

      I did write it. Probably sounds different for 2 reasons…it’s not about my family and two I’m in complete business mode today as I’m writing blogs for my own business as well as this one.

  • Reply Constance Farris |

    You might want to try CreditKarma.com. You can check as often as you like with no repercussions, and I believe it lets you see all three main credit reporting agencies at once. They also have tips for increasing your credit score, best credit card options, etc. I’ve used it for years.

  • Reply Anna |

    Came here to also suggest CreditKarma! Super easy, I get a credit report like weekly I think? I only check it about once a month but it notifies me of stuff right away, has my history, and is great to keep an eye on potential fraud/identity theft stuff. It’s also free to sign up and keep since they probably make their money with all the ads suggesting credit cards and deals. Highly recommend it!

So, what do you think ?