7 Reasons You Need Your Free Credit Reports Today

It is amazing how many people do not realize the importance of their credit reports. Some people do not even realize you have the right to reports from the three major credit bureaus every year. That's right, free credit reports from TransUnion, Experian, and Equifax annually.

If you think you do not need your credit reports and scores, I have 7 reasons for you to change your mind today.

1. Jobs - Most employers run credit checks on prospective employees before they get the job.
   
2. Identity Theft - ID theft happens to everyone. Make sure you catch suspicious activity before it gets out of hand.
   
3. Buying A Home - A difference of 20 credit points can mean tens of thousands of dollars over the life of a mortgage.
   
4. Leasing A Car - You aren't taking out a car loan, so why worry? You are wrong. Dealers still look at your credit worthiness.
   
5. Tax Audits - It's rumored that bad dips in credit scores may be tied to people cheating on their taxes. At least in the eyes of the feds...
   
6. New Cell Phones - Yes. Cellular phone companies look at your credit before they sign you up.
   
7. Credit Cards - Low credit scores means high interest rates. High interest rates means more debt. More debt means lower credit scores. Lower credit scores means even higher interest rates. You get the picture. The debt death spiral. Don't lose track of your credit score.
   

Do you know what your credit reports say about you? Get yourself some piece of mind today by getting your free credit reports.