1 credit report Fort Wayne

Other product and company names mentioned herein are the property of their respective 1 credit report Fort Wayne owners. Check Credit Report Free Once a Year - Is it Enough? Expert Author | 6,306 Articles By Hector Milla The answer to this question is a resounding "No". Checking a 1 credit report Fort Wayne credit report once a year is not enough by a long shot, for a large variety of reasons. Unfortunately, it is what most people do, as 1 credit report Fort Wayne the government offers a free report once a year at the Annual Credit Report website, but with a small investment, it is simple to get 1 credit report Fort Wayne a much better deal. The first answer to this is that the consumer who uses this option does not see the score associated with the report. credit score report While the report that one receives does show everything that the credit agencies see, they do not show 1 credit report Fort Wayne the associated score. And this is a big deal, because formulas that are used to calculate the score are arcane trade secrets. It is nearly impossible for anyone outside of an agency to 1 credit report Fort Wayne see these formulas, and they can be full of surprises. Someone 1 credit report Fort Wayne can have nothing negative in their record and still have only an average score. check your free credit report Another problem is that many people use this once-a-year viewing of their credit to watch out for identity theft.

Identity theft can, and does, happen overnight, and checking once a year is not enough to prevent that at all. Nobody looking for identity theft would check their credit card statement once a year. No, one must view his or her report at least once a month to see if somebody is maliciously opening accounts in his or her name. Checking once a year can only reassure a consumer that their identity is not being stolen at that instant.

In fact, with that time interval, somebody could easily open and then close an account before someone notices. The solution is that one 1 credit report Fort Wayne cannot rely on free tools. true credit One must 1 credit report Fort Wayne sign up for a subscription website that allows him or her to view the credit information, including the score, far more than once a year. Good 1 credit report Fort Wayne websites for such 1 credit report Fort Wayne a service include freecreditreport.com and creditreport.com.