So Many People Have No Clue About Their Credit
March 1, 2010 at 8:34 pm | Credit | No comment
Day Light Savings is Coming
Here is your checklist:
1. Move your clock one hour forward.
2. Check the batteries in your smoke/carbon monoxide detectors
3. Check your CREDIT REPORT.
Why Do I Need to Check My Credit Report?
Considering our biggest purchases are typically made with credit, it’s amazing how many people haven’t seen there credit report in years. More often then not people find out there are problems or mistakes on their credit reports when they want to purchase something with credit. If they are lucky, they qualify, but with higher interest rates because their scores have not been reviewed, errors corrected and their credit profile maximized. The unlucky ones get denied.
This can be avoided if you simply check your credit on a regular basis. There are dozens and dozens of services that will monitor your credit and report any changes for less than $20 per month. If you have not seen your credit report for more than a year or you don’t know your score, now would be a great time to get an updated copy.
What You Don’t Know Can Hurt You
Believe it or not there are common mistakes and errors on your report that could make you one of the unlucky ones when you thought your credit was just fine.
