The Government Wants You To Know Your Credit Score
Nowadays, bad marks on your credit report can determine whether you land the job you're applying for, how much you pay for auto and homeowners insurance, and your credit card interest rate, plus whether you have to pay your utility or cell phone company a deposit. Keep in mind that you have to focus on identifying what's bad on your reports and the information you'll need for planning your repair effort. Remember that there are different styles and formats of credit report. However, most of them derive from one of the three super-bureaus that supplied the information being reported.
Congress understood that an informed consumer would be less likely to fall to scams, and would be able to have a stronger control of their financial well being, provided that they could understand and have access to information.
For this reason Congress mandated that credit reports be written so as to make their information very clear to the consumer.
Nowadays, bad marks on your credit report can determine whether you land the job you're applying for, how much you pay for auto and homeowners insurance, and your credit card interest rate, plus whether you have to pay your utility or cell phone company a deposit. Keep in mind that you have to focus on identifying what's bad on your reports and the information you'll need for planning your repair effort. Remember that there are different styles and formats of credit report. However, most of them derive from one of the three super-bureaus that supplied the information being reported.
Congress understood that an informed consumer would be less likely to fall to scams, and would be able to have a stronger control of their financial well being, provided that they could understand and have access to information.
For this reason Congress mandated that credit reports be written so as to make their information very clear to the consumer.
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