Category: Frugal Momster

How to Monitor Your Own Credit For Free

There are three major credit reporting agencies (Equinox, Experian, and TransUnion) that track your use of credit and record your credit history. They also calculate your FICO scores which companies use when you’re planning to finance a home, car, or secure another loan. The FICO comes into play mainly when you are looking to borrow money or lease something, too.

It’s important to keep track of the records and make sure that everything is correct on these reports as they can have a major effect on your financial options. How does one do this without spending money to monitor? Continue reading…