Your credit score is the magic number when it comes to preparing for your financial future.
It affects everything from what type of mortgage you qualify for, your auto loan and it can even determine whether or not you get offered a promotion or a new job.
So why is it that so many Americans don't know their credit score? It is a common misconception that you can't do anything to raise your credit score on your own.
Many people avoid reviewing their credit report because they think they are powerless to do anything to improve it.
In fact, checking your credit report is the first step to improving your credit score.
By identifying the areas on your credit report that are causing your score to drop you can start taking steps to do something about it.
Start paying down maxed out credit cards, begin repayment of any defaulted loans and in time your credit score will improve.
You will also want to closely review your credit file for any errors.
3 out of 4 credit reports contain inaccurate information and those mistakes might be negatively affecting your credit.
By law the credit reporting agencies are required to remove any errors that appear on your credit report.
They just need you to identify them.
It can take upwards of 30 days to have the errors removed, but you will see an instant improvement in your credit rating when they are.
Whether you are preparing to buy a new home, a car or apply for a new job in the next 6 months or the next 6 years you should take the steps necessary to improve your credit today.
Checking your credit report is free.
Review yours today.