|Checked Credit Report||62%|
|Did Not Check||35%|
|Checked Credit Report|
Credit scores can impact borrowing on all levels of purchases—from a payment plan for a new home appliance to even the mortgage for a house. Awareness of one’s credit score can lead to better practices that will improve their score—or help flag potential fraud on their credit accounts.
The majority of service members surveyed have checked their credit reports, a practice encouraged by the Department of Defense.