Do you regularly check your credit report? Why?

hugheskevi

gozaimasu said:

hugheskevi said:

(2) A closed credit card was still showing on report.

Am I wrong in thinking that all closed accounts still show on ones credit card, even the ones older than 6 years? Although I think the point you were making is that the CC was still showing as an open/active account, rather than that it was still on the credit report. Even if we can see accounts older than 6 years on the report, credit checks only show accounts to new lenders if they're within the last 6 years?

Yes, that's right - I mean it was still showing as an open account, despite being closed.

[Deleted User]

This questioning thread was posted before by MSE staff, as have other ones, why is there the need to ask the same things every so often ?

Dobbibill

Yes, all 3 checked regularly for anything suspicious or fraudulent.

Better to nip anything in the bud early than let it spiral on for months/years not knowing.

Also encouraged my kids to do the same so there were no nasty surprises when they were ready to purchase a property. 

PRAISETHESUN

I check using the various free methods and usually do most months, particularly when I've had a change in circumstances (account opened/closed, etc). Mostly just to make sure things are being reported correctly so they don't cause issues down the line when I actually want/need to make an application, and also to safeguard against potential identity theft.

RogerBareford

Brie said:

No.  Because I don't have time and don't need credit.

Your account says you have visited this forum 503 times since 2007, so it seems you have plenty of time when you could have been checking your reports.

You may think you don't "need" credit, but it's always useful to have a credit to get free cashback and free section 75 protection when making larger purchases.

James

1. The  primary reason for a Credit Reference Agency File is to allow financial institutions to establish your are who you say you are.

2. It's worth checking with all 3 to make sure your information is correct/up to date.

3. You can address anything untoward in your report by way of you writing up to 200 words to explain via the Notice of Correction Facility. (See below)

4. You may notice a loan or bank account you never knew you had. You may have had your I.D. nicked.  Unfortunately it's too late the crap has hit the fan. (To stop this see MyPas below)

I do agree with Martin, credit ref agency scores are irrelevant. 

You could of course use the Notice of Correction to Password Protect your file or MyPAS - The AntiSocial Engineer Limited
(How to protect yourself) More about this here The Solution To Identity Fraud - The AntiSocial Engineer Limited.

Paully28

I check mine daily

binao

Paully28 said:

I check mine daily

Sundays ?  Bank Holidays ?

For the  curious, just surfing.  

sourcrates

Very occasionally I will check credit karma, just for the novelty of seeing my little number rise and fall with the tide.

On a more serious note, it is a good idea to look once in a while, just to make sure all is in order.

[Deleted User]

I check mine monthly nowadays.

I had an issue with Lloyds reporting a default for an account that should have been defaulted in early 2011 and dropped off 6 years later in early 2017.  They removed it, eventually, 6 months later.  A month later it was back.  Removed again.  A month later back again.  Removed again.  This month... who knows.  It's with the Financial Ombudsman now who may get around to it in an estimated 4 months.

Hopefully this will be properly sorted soon but I will still do monthly checks for peace of mind.