Many of our financial lives have been turned upside down in recent months due to the pandemic. With unemployment, furloughs and rising food costs, it’s understandable that some people are struggling right now.
While things may be difficult, make sure your credit is in good shape by taking steps now. Use your credit card responsibly to pay for essential items like utility bills, groceries or rent, and continue to build your credit history by making your payments on time and keeping your balance low.
Knowing the contents of your credit report is important all the time, but especially now when cybercriminals take advantage of emergency situations. Equifax®, Experian® and TransUnion® are offering free online credit reports every week through April 2021. You can request a copy of your credit report from AnnualCreditReport.com.
Understanding how your credit report works is important to achieving your financial goals. Credit scores and reports provide a snapshot of the financial habits that financial institutions, cell phone companies, credit card companies, and others use to understand your creditworthiness. Our PREMIER online guide will help you better understand your credit score and steps you can take to protect it.
This information is presented for educational purposes only. It is not intended as, nor should it be construed to be, legal, financial or other professional advice. Please consult with your attorney or financial advisor to discuss any legal or financial issues involved with credit decisions.