| Your credit score is the magic number when it comes | | | | repayment of any defaulted loans and in time your |
| to preparing for your financial future. It affects | | | | credit score will improve. You will also want to closely |
| everything from what type of mortgage you qualify | | | | review your credit file for any errors. 3 out of 4 credit |
| for, your auto loan and it can even determine whether | | | | reports contain inaccurate information and those |
| or not you get offered a promotion or a new job. So | | | | mistakes might be negatively affecting your credit. By |
| why is it that so many Americans don't know their | | | | law the credit reporting agencies are required to |
| credit score? | | | | remove any errors that appear on your credit report. |
| It is a common misconception that you can't do | | | | They just need you to identify them. It can take |
| anything to raise your credit score on your own. Many | | | | upwards of 30 days to have the errors removed, but |
| people avoid reviewing their credit report because | | | | you will see an instant improvement in your credit |
| they think they are powerless to do anything to | | | | rating when they are. |
| improve it. In fact, checking your credit report is the first | | | | Whether you are preparing to buy a new home, a car |
| step to improving your credit score. By identifying the | | | | or apply for a new job in the next 6 months or the |
| areas on your credit report that are causing your | | | | next 6 years you should take the steps necessary to |
| score to drop you can start taking steps to do | | | | improve your credit today. Checking your credit report |
| something about it. | | | | is free. Review yours today. |
| Start paying down maxed out credit cards, begin | | | | |