Check Credit Reports During Financial Literacy Month

Share Article encourages consumers to take control of their finances and get their online credit score and report

To commemorate April as Financial Literacy Month,, a leader in credit monitoring services, reminds consumers that it's not only important to check their online credit score and report, but to learn what the information really means.

"Truly understanding your finances is the first step in responsibly managing your money," said Samuel S. Ambrose, Vice President of Marketing and Operations for "Understanding credit and how it works is an integral part of that education and there are a few key things that every consumer should know, beginning with how to check your credit report and score."

Financial Literacy Month - Frequently Asked Questions About Credit:

1. What is a credit score?

A credit score is a numerical value used to represent a person's credit worthiness. A higher score may signify that a person is more likely to be extended a larger line of credit or a lower interest rate.

2. How often should I check my online credit score?

National Credit report advises consumers to check their credit report monthly. There are many variables that can cause your credit score and the information on your credit report to change. Credit monitoring is the quickest and easiest way to see fluctuations in your online credit score and will also help you proactively protect yourself against credit fraud and identity theft.

3. What kinds of things can make my online credit score go up or down?

Many things such as making timely payments, keeping a longer credit history and paying down credit card balances can help you raise your online credit score. Alternately making late payments, taking out too many loans at one time and not noticing inaccuracies when you check your credit report can cause your score to drop.

4. Will accessing my online credit score make my score decrease?

No. Only inquiries from lenders can make your score drop a few points. Participating in credit monitoring services is safe for your score.

"'s website and our 'frequently asked questions' section is a great place for consumers to visit to educate themselves on their credit during Financial Literacy Month and year-round," said Ambrose


Since 2004, has specialized in providing credit information, including interesting facts about credit scores, and credit monitoring services to consumers to help them understand their credit report and score. encourages consumers to check their credit report on a regular basis.

Allison Tomek


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