10 great reasons to access credit reports

10 great reasons to access credit reports

Knowledge is power and there are many reasons why you want to have power when it comes to credit reporting:

  1. Monitor your credit report to manage what decisions others will make about your payment terms, credit line, interest rates, insurance premiums, and investor relations
  2. Know who you’re doing business with before you extend credit to maximize the likelihood of repayment
  3. Avoid the hassle and cost of collection procedures
  4. Ensure key suppliers will be around to continue supplying reliably
  5. Minimize risk with credit report monitoring services
  6. Schedule five more key accounts for routine monitoring to remain abreast of problematic developments
  7. Stay on top of what your competitors are doing by monitoring their credit
  8. Take advantage of comprehensive, up-to-date, real-time access to credit data through your Web browser — no hardware, software or technical know-how required
  9. Convenient, secure, online member sign-up
  10. Flexible credit reporting offers flexible solutions for supporting small-business financial decision