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.
I 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.