Monitoring your credit score and report is important for a number of reasons:
- To let you know how well you are managing your finances and whether you are making progress or need some improvement.
- To allow you to spot any errors that may be on your report and negatively affecting your credit score.
- To help you identify suspicious behaviour on your accounts which may be a sign of fraud. Detecting fraud at the earliest stage is hugely important in minimising damage and distress.