A credit report can be obtained from the three major credit rating companies once annually for free. It can be beneficial to check these reports not only to prevent identity theft, but also to check for errors made by banks, which can adversely affect your credit score. Checking your report too often with credit checking sites is ill-advised, as your credit score will actually go down every time someone requests a copy.
The credit report holder can check his or her report as often as they choose. When you check your credit report it is considered a "soft inquiry" and will not affect your status.
2 times a yr in Canada
Transunion offers a 7 day free trial within which you can check you credit report as often as you wish. After this initial period a monthly subscription charge applies.
Monthly
There are several free credit report websites that you can access to obtain a free credit report. Legally, all U.S. citizens are entitled to one free credit report per year.
The credit report holder can check his or her report as often as they choose. When you check your credit report it is considered a "soft inquiry" and will not affect your status.
2 times a yr in Canada
It is possible to get a free credit report from a company such as Experian. They often offer free trials as an encouragement to sign up for a monthly credit check.
Transunion offers a 7 day free trial within which you can check you credit report as often as you wish. After this initial period a monthly subscription charge applies.
Some people wonder whether they really need to keep an eye on their credit report. They wonder whether it is necessary to check their credit score, credit report, and other relevant information. The truth of the matter is that you should check this information every couple of months. The more you check it, the smaller the chance that something bad can go unnoticed. When dealing with issues on your credit report, time is of the essence. The sooner you find out about things, the more likely it is that you can get those things taken off of your report.
You can check it any time you want to - it won't affect your credit score. I, personally - check mine around the 1st of the month - after any credit card interest has been debited.
as often as your creditors report changes-can be daily
This is really a personal decision, but it makes sense to check your credit report prior to making a large purchase that you intend to finance. For example, buying a car or a home, are examples of big purchases in which you would want to check your credit well in advance of the purchase to make sure you have good credit.
You are correct that banks often check your credit score before granting a loan. There are many companies that offer your credit score including http://www.myfreecreditreport.com
As the name suggests, most experts say you should check your credit report each year. They also suggest you do so when you think something regarding your credit may not be right. It's not advisable to check your credit too much, though, as some experts suggest it may lower your credit rating.
Monthly
Nursing homes often conduct credit checks before admitting residents. The costs of the care has to be covered. Part of the admissions process would be a standard credit check to make sure the costs can be afforded.