Credit report

When and how to check your credit report

YOUNGSTOWN, Ohio (WKBN) — A credit report can be daunting to look at, but some say checking it can be helpful.

An inquiry is noted on your credit report each time it is checked. However, checking your own credit score is a sweet inquiry. This does not affect your credit score because you are not officially applying for credit.
Knowing your credit report can give you a financial advantage.

“We want people to know that when they walk into a lender they can tell the lender I’m going to apply for this loan and you’re going to approve me because I know exactly what’s in my credit history and what you are going. to have. It should be a financial tool,” said Rod Griffin, senior director of education and public advocacy at Experian.

Experian recommends checking your credit report at least once a year.

At you are entitled to a free annual credit report from each of the three credit reporting agencies. These agencies include Equifax, Experian and TransUnion.

Due to the COVID-19 pandemic, many people are experiencing financial hardship. To stay in control of your finances, you can get free credit reports every week until April 2022.