Tip of the Month | April 2025

Review Your Credit Report

Written By: Kevin Reardon, CFP®

We live in a credit-driven society, and your credit score determines the interest rate at which you will qualify for a mortgage, car loan and more. It is important to review your credit report at least annually to identify inaccuracies or fraudulent activity. Taking the time to dispute any errors can prevent potential financial hurdles down the road.

To maximize your credit score, strive to reduce high balances, make timely payments and avoid opening unnecessary accounts. Building a strong credit profile can save you money on interest and provide greater financial flexibility and opportunities.