We would advise checking your Credit Report regularly to ensure you keep on top of your credit data.
Your TotallyMoney Credit Report contains data from the Credit Reference Agency, TransUnion. However, there are three Credit Reference Agencies (TransUnion, Experian, Equifax) and so it is worth checking your Credit Report data with all three.
Checking your Credit Report is recommended as it can provide you with a good opportunity to update any incorrect information that could be impacting your applications for credit products. It can also be an important indicator of any fraudulent activity.
TotallyMoney update your Credit Report each month. Although you should receive a new Credit Report once a month, it is important to note that any changes you have made to financial or public accounts could take up to six weeks to be updated. Therefore, depending on when your report was last updated, you may have to wait until the following month to see this information reflected on your TotallyMoney Credit Report.