Frequent monitoring of our personal credit report is vital to ensure protection from identity theft. Sadly, many people feel invincible. Thus, they do not take the necessary steps to protect their credit rating. However, preventing identity theft can be as simple as checking your credit report twice annually. This way, if unfamiliar accounts are present, you can contact the credit bureaus and begin an investigation.

Purpose of Credit Reports and Scores

If you have established a credit history, then you likely recognize the value of credit reports and scoring. Without these two instruments, lenders would be unable to judge a loan applicant