It's always a good idea to get a free copy of your credit report annually. By doing this, you can locate and correct any errors on your credit profile. Some lenders may consider your credit as an indicator of the likelihood that you will repay your debts.
Having poor credit, little or no established credit or unresolved disputes with creditors can affect:
- Your purchasing power
- Your ability to get a loan
- Interest rate you may receive
You can request a free annual credit report online, or request a copy of your credit report by writing to any one of the consumer reporting agencies below (a fee may apply).