Checking your credit is a crucial step in managing your finances and making informed financial decisions. Your credit score is a numerical representation of your creditworthiness, and it’s used by lenders to determine your eligibility for loans, credit cards, and other forms of credit. Knowing how much credit you have can help you stay on top of your finances, avoid overspending, and maintain a good credit score.
There are several ways to check how much credit you have. You can order a free copy of your credit report from each of the three major credit bureaus (Equifax, Experian, and TransUnion) once per year. You can also get your credit score and report from many financial institutions, such as banks and credit unions. Additionally, there are a number of websites and apps that offer free credit monitoring services.