If you haven’t checked your credit report lately, this may be the time. Wrong or old information on your report can affect your credit score – and not in a good way.
Your credit score helps lenders determine your credit-worthiness and can impact the interest rate you pay on loans or even whether you can obtain a loan at all. The score reflects the information on your credit record.
Under a recent agreement, credit reporting agencies are required to make changes to policies for handling errors, disputes, and unpaid medical bills. The changes will take effect over the next three years.
You’re entitled to receive a free credit report every twelve months from the major reporting agencies. Request a copy now so you can begin the process of clearing up discrepancies and perhaps improving your credit score.
Call the office for further information.
Tags: Credit Scores
Written by: Doug Rodrigues