Loans By Kathy: Checking your credit

Checking your credit

Due to all of the advances in technology, we can all enjoy easy access to our information and the internet.  We connect via, computer, laptops, tablets and smart phones.  We can search for information and purchase goods or services all at our finger tips.  But with all of that convenience, it does come with some disadvantages. 


Monitoring the activity on your credit report is not a recommendation that should be taken lightly.  In fact, once you have children with issued social security numbers, you should be checking their credit report on an annual basis as well.


Recently a past client called to tell me that someone had used her son’s ( he is 7) social security number to apply for a new car!  Apparently the social security number and name were checked but not the age.



Moving forward be sure to have a plan to monitor the activity.  I always suggest requesting a copy from each of the three bureaus once every 4 months.  




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Kathy Sheehan Senior Loan Officer






Bay Equity LLC

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11475 Great Oaks Way, Suite 350, Alpharetta, GA 30002

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The opinions and general information in this blog are soley those of Kathy Sheehan.  Specifics regarding an individual case should be discussed in detail with a loan professional.  For a confidential consultation, please feel free to contact me via phone or email.  All terms and conditions are subject to change.


Comment balloon 24 commentsKathy Sheehan • November 25 2013 06:52PM



It's a good idea to run your credit very four months.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) almost 6 years ago

Kathy, Wow - there needs to be a better system.  That's just crazy!

Posted by Kathleen Daniels, San Jose Homes for Sale-Probate & Trust Specialist (KD Realty - 408.972.1822) almost 6 years ago

Great suggestion, Kathy. I like to check my credit report once a year to make sure there's nothing unusual. Anyone can get 1 free copy from the 3 major agencies annually.

Posted by Tom Jansson, Chicago Area Home Inspector - InterNACHI Certified (Acuity Home Inspections) almost 6 years ago

Thank you for the reminder. I will share this post with others.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) almost 6 years ago


It's always better to be proactive, rather than reactive, when it comes to your credit.


Posted by Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate (Coldwell Banker Residential Brokerage) almost 6 years ago

Great suggestion and reminder. The main thing people need to remember though, is if they apply for a mortgage, lenders use a different set of criteria to judge credit.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage ) almost 6 years ago

great post and advice Kathy thanks

Posted by Goran Utvic, We Buy & Sell Chicago Houses Fast (606 Homes LLC | Chicagoland Brokers Inc, Chicago IL 60656) almost 6 years ago

I agree, it is just as important to check our credit as it is to go the the Dr every year. It is part of having healthy credit...

Posted by Sandra DeVargas, The DEVARGAS Team at Keller Williams Realty almost 6 years ago

Kathy, I also think it is a good idea to keep tabs on your credit.

Posted by Michael Setunsky, Your Commercial Real Estate Link to Northern VA almost 6 years ago
Kathy, some people may think checking credit so often is excessive, but if you consider the high rate of identity theft, it is a necessary chore.
Posted by Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407 (Maui Life Homes / Metro Life Homes) almost 6 years ago

I agree, checking credit should be done on a regular basis. 

Posted by Kat Palmiotti, The House Kat (406-270-3667 (MT), 914-419-0270 (NY), Broker in NY with Grand Lux Realty and in MT with (coming soon!)) almost 6 years ago

Kathy - when I was in high school a company claiming to be a video production company came to our school to "audition" for some extra work on music video's. They had everyone, me included, fill out paperwork which included our SS#'s so we could appear in said video. Well, you can probably guess the was a scam. It took me years to clear my name from that mess. Now days it is much easier for people to protect themselves from things like this. Good post.

Posted by Jeff Stevens, Jeff Stevens REALTOR®/Associate Broker (Berkshire Hathaway HomeServices New Mexico Properties) almost 6 years ago

I reached the point where I don't do credit. Own everything and pay cash or debit card now. I'm free, free at last. MLK

Posted by Richie Alan Naggar, agent & author (people first...then business Ran Right Realty ) almost 6 years ago

I've heard about that! There are creeps out there taking children's social security numbers. Where does it stop?!

People shouldn't just be checking their score, they have to monitor the activity too. Great advice Kathy.

Posted by Suzanne Otto, Your Montgomery County PA home stager (Six Twenty Designs) almost 6 years ago

Good morning Kathy,

How sad for a child to start out life having to protect their social.  Thanks for the post and best of GREAT success to you always! 

Posted by Jordon Wheeler, J W Group Real Estate Sales and Service (The Jordon Wheeler Group) almost 6 years ago

Kathy, it´s become a semi-monthly routind for me.  I´ve never had a problem, but is sure is best to nip anything in the bud.

Posted by Patricia Kennedy, Home in the Capital (RLAH Real Estate) almost 6 years ago

Amen, Kathy. I did sign up for Lifelock this year to have a monitoring source when I'm not, and so far, I've been very satisfied. 

Posted by Mike Cooper, GRI, Your Neighborhood Real Estate Sales Pro (Cornerstone Business Group Inc) almost 6 years ago

Kathy: Great advice. Most of my clients appear to have an idea of what their credit looks like. Thanks!

Posted by Paul McFadden, Pest Control, Seattle, WA. (Paratex) almost 6 years ago


Never even considered it. We monitor our credit, but now we'll start checking the kids also. Thanks!

Posted by Bill and MaryAnn Wagner, Jersey Shore and South Jersey Real Estate (Wagner Real Estate Group) almost 6 years ago

I haven't checked my son's number so it would be interesting to find out if it's being used anywhere it shouldn't.

Posted by Bryan Robertson almost 6 years ago will also give you your credit score, and does not require a credit card number like some other "free" sites. will pull your credit for free once a year.

Posted by Patrick Kelly, Kemah Properties (Kemah Properties) almost 6 years ago

Excellent advice, Kathy ... as this type of stealing and fraud is on the rise.  Unsuspecting victims don't know it until they themselves apply for credit when they're older.  Best to keep watch on a consistent basis ...a

Congrats on a great Feature!  (And Happy Thanksgiving!)


Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 6 years ago

Always good to keep on top of how your credit is doing, especially with all of the identity theft.

Posted by Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional, Palm Harbor, Dunedin, Clearwater, Safety Harbor (Charles Rutenberg Realty) almost 6 years ago

That has become such a problem! I wish people would just be honest! Good Grief!

Posted by Sussie Sutton, UTR TEXAS Realtors - Rep for buyers and sellers. (UTR Texas Realtors) almost 6 years ago