Credit is an important part of the American economy and critical to making any big purchases. This includes houses, cars and any type of recreational vehicle. But did you know that credit has the ability to affect your life and auto insurance premiums or get a security clearance for a job? Yet millions of Americans have mistakes on their credit report which affect their credit score. The problem is so big that “60 Minutes” did a story on the subject on August 25th. They state that 1 in 5 Americans has an error on their credit report and 1 in 10 has an error that could lower their credit score.

What can you do about it? Check your credit report regularly. You can get a free credit report, not scores, from https://www.annualcreditreport.com/cra/index.jsp This is the only official free site.