While it is ideal for consumers to have a low amount of debt, simply avoiding credit will put you at a lending disadvantage as well.
It’s never too late – or too early – to build your credit. Regardless of how your credit situation got to where it is, it will be beneficial for you to improve your credit score.
A credit rating has a major effect on your life. It can be the determining factor in everything from getting approved for a loan to landing your dream job. That’s why it is so important to keep a close eye on your credit reports.
You can add a consumer statement to your credit reports to address anything that needs explaining. Once you add one, it will be included each time that your credit file is accessed. However, sometimes it may serve you best to say nothing at all.
If you know that your credit has been significantly damaged, confronting your issues can be the hardest part of credit repair.
Have you ever wondered how to dispute errors on your credit reports? Here is the simple and straightforward way to do so in three easy steps.