Fraud and reporting errors can harm your credit—and your overall financial health. That’s why keeping a close eye on your credit report is an essential part of smart money management. Ashley O’Neal, a banker at Midwest BankCentre, shares why reviewing your credit report matters, how often you should do it, and what to watch for.
Key Takeaways:
Get Professional Help if Needed
Not sure how to review your credit report? Midwest BankCentre bankers are ready to walk you through the process and answer your questions.
Check Your Credit Regularly
With three major credit reporting agencies, reviewing your report every 4 months ensures you’re catching errors early—and it’s free to do.
Know What to Look For
Each report includes a legend to help you understand payment history:
✅ Green check mark = on-time payments
❌ Red X or dash = missed or late payments
Spot Errors and Fraud Quickly
Look for accounts you don’t recognize, incorrect payment history, or loans you never opened. If something doesn’t look right, contact the creditor immediately.
Protect Your Financial Foundation
Your credit score impacts borrowing, housing, and even employment opportunities. Staying proactive keeps you in control of your financial future.