It’s pretty crazy that an entire quarter of Americans have not taken advantage of something that will literally cost them nothing to check.
New York, NY (PRWEB) May 02, 2013
RoadFish.com lifestyle and finance magazine today released their statement regarding a new FindLaw.com survey whose results showed some surprising data. According to the survey, 18% of American women and 25% of men have never checked their credit report before. RoadFish.com was surprised that the number was so high, and urged consumers to take advantage of their yearly free credit reports as they can make a huge difference in many financial aspects of life.
According to a Thomson Reuters article, FindLaw.com, a popular website for legal information, conducted a study which revealed that a quarter of Americans have never done a credit check. Reportedly only 25% of men have ever checked their credit as opposed to 18% of women who have not, revealing that men are less likely to check their credit scores than their female counterparts.
RoadFish.com was shocked to read the results of the recent survey, surprised that more people have not taken advantage of a service that is provided at no cost each year. RoadFish.com’s Senior staff writer is quoted as saying, “It’s pretty crazy that an entire quarter of Americans have not taken advantage of something that will literally cost them nothing to check. I don’t get that part, they could be getting three credit reports each year—all for no cost, mind you—and just don’t do it. What’s up with that? But what’s truly astonishing to me is how little mind people evidently give to their credit, even though credit is such a big part of peoples’ financial lives.”
According to the above-mentioned article, it is more likely for consumers with higher incomes to check their credit reports than those with low incomes. The study reportedly revealed that 14% of people whose household incomes totaled $75,000 or more have never checked their credit reports.
RoadFish.com encouraged consumers to start checking their credit reports for many reasons. RoadFish.com’s Senior staff writer is quoted as saying, “For one thing, you need to check it for accuracies. If there are mistakes on there, you could be getting a lower score. For another thing, if you do find a mistake on your report, it could be a case of mistaken or stolen identity. That stuff needs to get resolved pronto. Besides, it’s important to keep up with your credit so you know where you stand when you go to apply for a loan. Don’t you want the best interest rates? Having a good credit score can literally equal money in your pocket. Don’t ignore the report folks!”
By law, each of the three major credit reporting agencies is required to provide each consumer one free copy of their credit report per year, upon request.
RoadFish.com is a popular men’s online magazine that publishes lifestyle and finance articles for moderately accomplished men in their 30’s and 40’s. RoadFish.com writes about top online dating sites for men, hot chicks, restaurant reviews and luxury items. Financial posts include debt and credit advice, as well as information about when to do a security freeze. RoadFish.com is owned and operated by Purpose, Inc.