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Before you buy a car, home, getting a loan or applying for a major credit card. A higher credit score will yield lower interest rates. Low credit scores could cause denials of loans or credit cards.
Before you apply for a job. Some jobs check credit reports.
After a financial hardship. During the hardship people will use more credit to save their cash. Increased debt will lower credit scores and increases interest rates.
Periodically to check for errors and report them to the credit bureau.
After identity theft. Check for unauthorized purchases in your name on your credit reports.