It’s possible to raise your credit score with some simple changes. Credit scores affect insurance rates, loan interest rates, and other important financial products. A higher score can lead to a brighter financial future.
Bad credit is a more serious problem than most of us realize. You're probably aware that a low FICO score can make it difficult or impossible to get a loan for a home or car. However, you may not realize that bad credit can even make it difficult to get a job. Bad credit can also mean that you pay higher insurance premiums.
Employers and insurance companies look at credit reports to determine their level of risk in hiring someone or taking them on as a client.
Bad credit is more than just an inconvenience. It could cost you tens of thousands of dollars over the years, in the form of missed opportunities, increased insurance premiums, and higher interest rates.
The Fair Credit Reporting Act
The Fair Credit Reporting Act dictates what type of information can be on your credit report and how long it can be on there. This law also allows you to enforce your right to have accurate credit information reported, as well as have any errors from your credit report removed. When it comes to repairing your credit, this law can become your best friend.
I didn't just want a credit, I wanted a great score! It wasn't easy when I first started out! I was young and had no idea where to begin. I mean, information on this isn't easy to come by... Especially the kind of thorough information I needed. To be quite honest with you, I got tired of looking and searching all over the place, so I decided to create this definitive e-book on building a great credit score based on my experience and techniques I had tested it myself!
It doesn't matter if you are just started building credit or you need to improve your credit score, this guide and bonus worksheets and templates will get you on the right track to get a great credit score.
Disclaimer: Your results may very because individual circumstances vary. Mindset Matters Consulting & Education LLC cannot guarantee that your credit will improve using these methods.