Don't Get Trapped Into Recurring Fees!
Thousands of companies scream "Free Credit Scores" as a hook to get you signed up for recurring fees.
Make no mistake. Paid or free credit reports are absolutely necessary to monitering your financial health. Missing a payment, even by one day, can cost you big time. Habitual late or missed payments will drastically reduce your credit rating and buying power. Small oversights will drop your credit score like a rock, and it takes years to make those points up. You know its important to know your credit score, you always see those advertisements for "FREE CREDIT REPORTS", so what should you do? Take the bait? Carefully research the company.
Read the fine print!
Be sure to check out the plan you are getting. Shop around. There's thousands of companies to choose from. You will find one that is right for your needs. Make use of your free credit reports as often as you can.
Everyone is entitled to one free credit report a year and, if you are denied credit, you can get a copy of your credit report. Take advantage of this. Get a copy of each report, look for errors. Humans put in the data, and they make mistakes all the time. Remove credit report errors by following the instructions they provide you. You hear back later on what the final decision will be.
Remove information that has been on longer than the time allowed. Check those time frames online. If the company reporting to Equifax, TransUnion or Experian can't prove its accurate derogatory information, the credit reporting bureau must remove it. Just do your homework. Most providers of free credit scores reports will be about the same.