#ShowMeTheMoney: Why You Should Check Your Credit Report

In this #ShowMeTheMoney video, Terina Hammick with Prime Financial Credit Union shares why it is important to check your credit report regularly.

A credit report is a detailed record of your credit history, such as credit accounts, payment history, and public records (e.g. bankruptcy). It is used by lenders to evaluate creditworthiness.

Here are four reasons why you should check your credit report:

  1. Detecting Errors
  2. Identifying Fraud
  3. Understanding Your Credit Status
  4. Preparing for Major Financial Decisions

Visit annualcreditreport.com to get your free credit report.

You can find more resources on credit in our Money Smart Resource Guide.