Checking your credit is a crucial step in managing your financial health. Your credit score, a numerical representation of your creditworthiness, is used by lenders to determine your eligibility for loans, credit cards, and other financial products. A good credit score can save you money on interest rates and open doors to more favorable financial opportunities
There are several ways to check your credit score. You can request a free copy of your credit report from each of the three major credit bureausEquifax, Experian, and TransUniononce per year at annualcreditreport.com. You can also purchase your credit score from a credit monitoring service. These services typically offer additional features, such as credit monitoring and identity theft protection.