One-Third of Americans Have Never Checked Their Credit Score

November 6, 2013, Written By Lynn Oldshue

A new study from TransUnion reveals that a staggering 32.7% of Americans have never checked their credit scores or credit reports. An additional 24.6% of those surveyed said they had not checked their credit score or credit report within the last year.

“Your credit report and credit score play crucial roles in achieving your financial goals,” said Julie Springer, vice president at TransUnion. “Consumers should not be scared of checking their credit report and score, but rather monitor it on an ongoing basis so they constantly understand their credit situation and areas that may need work.”

TransUnion offers credit monitoring services, as do many other companies online. Some of these offer real-time monitoring, and others simply update your score and credit history once a month. If you want to stay up to date with what is going on with your credit, these sites may be a great starting point.

If you simply want to check your credit reports, you can do so for free at AnnualCreditReport.com. This will show a list of current and past creditors, along with information about your payment history. If you notice a discrepancy on a specific report, you can contact that particular bureau to see if it can be reversed. It is important to note that you cannot see your credit scores for free on these sites.



The information contained within this article was accurate as of November 6, 2013. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


About Lynn Oldshue

Lynn Oldshue has written personal finance stories for LowCards.com for twelve years. She majored in public relations at Mississippi State University.
View all posts by Lynn Oldshue