Checking your credit report is crucial, especially during busy times like summer when vacations and activities may take precedence. Regularly monitoring your credit report helps catch any suspicious activity, such as identity theft, and ensures your credit history remains clean and accurate. This is essential for securing loans, renting apartments, or even obtaining security clearances. Service members can access their credit reports for free through local personal financial counselors, who provide comprehensive services including credit scores and counseling. Alternatively, individuals can obtain their reports through the federally-mandated Annual Credit Report website, which requires about 15 minutes to complete. While knowing your credit score isn’t mandatory, it can help track your credit-building progress. Free credit monitoring services are also available through many banks. It’s important to remain proactive about your credit, especially for military families who may frequently relocate and need to stay vigilant against fraud.
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