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Protect your Finances During Covid19

 

During the COVID-19 pandemic, monitoring your finance is necessary. 

The three national credit reporting agencies: Experian, Transunion, and Equifax are ensuring to provide free copies of your credit report every week. The federal law used to allow a free copy of your credit report from each credit reporting company for every 12 months. 

In 2020, the U.S. House of Representatives passed the "Protecting Your Credit Score Act," increasing consumer protection. The bill also develops accountability to the credit reporting agencies to be more transparent. Benefits to get free weekly credit reports are extended until April 20, 2022. Monitoring your credit reports will be a helpful tool to manage your finances as it has information about your credit history and are essentially used to approve loans or credit. If you are struggling to pay your bills on time, because of the Coronavirus crisis, then check your credit reports regularly. To get your free credit reports, go to AnnualCreditReport.com. 

Protect your financial health during hardships from the Coronavirus at:

myfinancialresourcescenter@gmail.com

www.myfinancialresourcescenter.com      


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