Turned down for a loan or a job? check your credit report
Today, our credit reports are used to make many decisions about our financial future. This includes auto insurance rates, employment opportunities, ability to rent a home or apartment and, of course, whether we can obtain a home, car or credit card loan.
It is critical to protect this very important asset by reviewing it, at least, annually. One study by the U.S. Public Interest Research Group found, “One in four credit reports contains errors serious enough to cause consumers to be denied credit, a loan, an apartment or home loan or even a job.” No one wants an error to prevent them from obtaining employment, or getting the best interest rate on a car loan, home loan, or credit card.
Your goal is to make sure that only accurate information is contained in your credit report. Below are some additional reasons to check your report and some common things to look for when reviewing it.
If you need help with understanding, disputing or managing your credit and credit reports, contact a certified credit counseling agency, such as American Financial Solutions. In addition, you can get your free credit report by contacting AnnualCreditReport.com online or by phone at 1 (877) 322-8228. Annual Credit Report.com is the only legitimately free place to receive a copy of all three of your credit reports.