Updated May 2018: Time to pull your second credit history report of the year
January 2018. The start of a brand new year.
Some people start the year with some New Year’s Resolutions. I’m not one of them. It’s just not my thing. Nevertheless, I do tend to view the beginning of a new year as a good time to make a fresh start. And I use the beginning of a new year as a reminder for several household and finance maintenance tasks such as changing the batteries in my smoke alarms and pulling the first of my three free consumer credit reports for the year.
According to Federal law, each of the three credit reporting agencies — Equifax, Experian, and TransUnion — are required to provide us each with one free credit history report each year. Three companies x one report per year = three reports. My method is to spread the three reports out over the course of the year, pulling one in each in January, May, and September. That way if something were to come up that I needed to know about and deal with, I’d be alerted to the issue no more than four months into the problem rather than having it fester for a whole year.