Many folks mistakenly believe that getting a credit report requires opening their wallets. They might think it’s a necessary expense, or they simply might not be aware of the free options available. The truth is, there are several excellent resources for obtaining free credit reports, and here at McCarthy Law, we strongly believe nobody should ever have to pay for one. Why You NEED to Stay Up to Date With Your Credit Report Your credit report is more than just a record of your borrowing history. It’s a key tool that helps you understand your financial health. Staying up to date with your credit report allows you to spot errors, detect fraud, and understand where you’re at financially. By keeping an eye on your credit report, you can catch issues early and take steps to address them before they become bigger problems. A current credit report also makes it easier to plan for major financial decisions, like taking out a mortgage or a car loan. Lenders look at your credit report to decide whether to lend you money and at what interest rate. A good credit report can save you thousands of dollars in interest over the life of a […]
