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Why You Should Check Your Credit Regularly During the Coronavirus Pandemic

Why You Should Check Your Credit Regularly During the Coronavirus Pandemic

If the coronavirus (COVID-19) outbreak has hurt you financially, working out a deal with a creditor or lender to skip payments or pay less than the required minimum amount could impact your credit even though, in most cases, it shouldn’t. So, you need to be proactive in reviewing and protecting your credit during this national emergency. Credit Protections Under the CARES Act Under the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, if you make an agreement with a…

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How to Review Your Credit Reports Weekly During the Coronavirus Crisis

How to Review Your Credit Reports Weekly During the Coronavirus Crisis

Frequently accessing and monitoring your credit information is especially important when you’re having trouble paying your bills. If you’re among the millions who’re now getting a reduced income—or are out of work altogether—due to coronavirus (COVID-19), you should review your credit reports often so you can take steps to try to preserve your credit score. Under the Fair Credit Reporting Act, you get the right to receive a free copy of your credit report from each of the three major…

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