Gone are the days when you had to pay to obtain information regarding your credit rating. You are now entitled to receive a report related to your credit once a year. The advantage is you can get your free credit score online. There are companies that are aware of this and will claim to be providing you with the same service but are actually out to make money from you.
What happens is if you read the terms and conditions it will state somewhere that they will only monitor your credit card for free for thirty days. After which you will start to get billed for the service. If you find that you have signed up with one of these sites then make sure you cancel before the free trial period ends.
Once you have your free credit score with you; you will be able to tell a lot from it. If there is any fraudulent activity going on with your card you will be able to see it from the report. If there are any purchases or transactions that you do not remember making then you have time to take corrective action before things get out of hand.
You will know what to expect when you go and apply for credit facilities from any business, because you will know your credit rating is. There are things that you can do to improve your credit worthiness or seem like a reliable borrower. If there is any misinformation contained in your report at least now you have the chance to be able to correct it.
Like I said not all the sites offer the same benefits. Some will be able to assist you improve your credit worthiness based on your free credit score and give you advice on effective credit control techniques. The report is free but they can help you use this information to your best advantage. Feel free to find out more.