May: Understanding Credit Reports
In May, we address credit reports, good credit scores and the role of credit bureaus. Learn more from our May 2019 Facebook Live.
Tips
Check Your Score
Each credit reporting company – Equifax, Experian and TransUnion – is required to provide a free copy of your credit report, at your request, once every 12 months.
Pay on Time
Late payments are the first signs of impending credit problems. When you pay late, it’s harder to get credit.
Have a Plan
Know how you are going to repay a debt – whether you use a credit card or a loan – and stick to your plan.
Resources
To help you master this month’s principle, check out the National Standards in K-12 Personal Finance Education and Jump$tart Clearinghouse, or get started with a few free resources from our National Partners including: