Why is it advantageous to inspect your own credit information?

By inspecting your credit information, you get to know what information the credit grantor sees when granting a credit. This way you can better prepare yourself for credit applications or credit negotiations. Even though errors in credit information are scarce, by inspecting your own information you can make sure that the information is correct. If a person has credit information entries, by inspecting your own information you will also find out who has requested your information and when. This way you can make sure that the credit information has been disclosed only for appropriate purposes. After the inspection of own information, you can also plan how to improve the credit information by linking a ref entry to the payment defaults, indicating that the claims behind the entry have been paid.