93% of millennials are aware of their credit score, according to Discover’s Credit Health survey

When it comes to actually checking their credit score, 82% of respondents said they checked it at least once in the last year, up from 72% in 2017.

It’s a good idea to check your credit score[3] on a regular basis for several reasons. For starters, checking your score can make you aware of any possible fraud on your account. If you see a drastic dip in your score, it may indicate that someone opened an account in your name or stole your card number.

Monitoring your score can also help you track progress when building credit. More than half (56%) of respondents said they are actively trying to improve their credit. You can raise your credit score[4] by implementing simple actions into your daily life, such as limiting spending and making on-time payments. Plus the higher your credit score, the more likely you’ll qualify for the best credit cards[5] and financing options.

It’s not something you do once and leave. You’re not fit for life after a yoga class. It’s the same thing with money — we’re not in good financial shape forever because we checked our credit one day.

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