Why you should check your credit

Monday, February 04th, 2008 | Author: Holly

Recently I decided that I needed to subscribe to a service so that I could check my credit report often. I know I have bad credit, but in order to fix it I had to know what was on it. This turned out to be a good thing because if I hadn’t I wouldn’t have known about a medical bill I had. I never received a bill from the doctor but it was in a collection account on my credit report. Is was a valid claim so now I have to pay it. Kinda sucks but at least I know what it is.

That not the only reason to check your report. Many people are out to steel your identity and signing up for a service that will help you protect it is important. There are many of these services out there. Lifelock is one that offers some great protection against Id theft. They will put alerts on your credit report for you, they also will remove your name from pre approval list and they also will help you contact all the credit companies, banks and so on if your wallet is ever stolen or missing. This can be a big help to someone who is to busy to do this themselves. These are usually the people that are targeted for ID theft. They usually have good or decent credit and don’t pay enough attention to it.

I have poor credit and I don’t worry about ID theft much, but once I improve my credit there could be some problems for me ahead.