Why You Need to Check Your Credit Report

Revised July 22, 2015. Some 44 percent of people age 65 and up have never checked any of their credit reports, according to a recent survey by Bankrate.com. That percentage shocks me, especially considering how important the information is and how easy it is now to get it for free. Here’s why you need it and how to get it. It’s important “Monitoring your credit goes well beyond scanning a three-digit [credit score] number,” said Jeanine Skowronski, credit card analyst …

Your Most Embarrassing Number, and It’s Not Weight

Which number is your most embarrassing –  age, weight or credit-card debt? Surprise, it’s debt, according to a poll by the National Foundation for Credit Counseling. Thirty-seven percent of nearly 2,200 respondents say they would be the most red-faced to admit their credit-card balances. Credit scores came in second on the shame scale, with 30 percent saying they would not be comfortable disclosing their number. Consumers have fewer qualms about divulging weight and bank balances, according to the foundation. (Twelve …