We agree with the Illinois CPA Society that the New Year is a good time to take the following advice: step back and assess your financial situation for the coming year and resolve to make it as good as you can.
Two free credit scores are more than twice as good as one and should give borrowers an idea of where they stand, credit-wise. This plus the ability to view two credit reports at any time makes an even stronger case for consumers to sign up with Credit Karma.
If you’re like a lot of Americans, you probably have big plans for your next tax return. You may be planning to use this extra cash as a down payment on a car, truck or SUV, and that’s a good idea. A down payment will be helpful when you’re buying your next vehicle, but getting your credit in shape will be even more beneficial.
When it comes to your credit report, one bad thing that stands out against an otherwise tranquil history looks a lot different than the repeated black marks of serial delinquency and non-payment. How your credit fairs should tell you how much you need to worry.
There’s a surprisingly good chance that there are mistakes on your credit report that could be costing you money. It has been reported that there is as much as a 25% chance that there is some kind of big mistake on your report.
Credit monitoring is a product offered by each of the three major credit reporting bureaus. However, there are alternatives to consider.