Why should you review your credit report at least annually?

Question

I. To check the accuracy of information contained in the report
II. To see the critieria used by lenders when granting credit
III. To identify the type of information that might lower your credit rating

Question 27Select one:

a.
I and II, only

b.
I, II and III

c.
II and III, only

d.
I and III, only

Answer 1

b. I, II and III

Reviewing your credit report annually can help you ensure that the information is accurate, understand the criteria used by lenders when granting credit, and identify any information that might be negatively impacting your credit rating.