Credit Report: Check Yourself Before You Wreck Yourself

Surprisingly, 65% of adults have never checked their credit report, and 60% of those adults have never viewed their credit score.  Your credit score says a lot about you, and it can impact some of the largest purchasing decisions in your life. has created an infographic exploring how your credit score can affect your financial picture.
Ignoring your credit report can also leave you unaware of mistakes that could drop you into a lower credit score bracket.  In fact, a Federal Trade Commission study in 2012 found that 25% of consumers found errors on their credit report.  20% had an error corrected by filing a dispute. 80% of those individuals that filed a dispute saw a modification to their reports, 10% found a change in their credit score, and 5% had a score increase of up to 25 points.
Credit Report

Recommended Post

Financial Aid Award Letters For people applying to college, finance and financing is key to the process. Financial award letters go a long way in helping students fulfill their d...
Stormy Weather: Are Americans Financially Prepared For a Rainy Da... The start of a new year is the quintessential time to roll out a fresh financial plan. One of the more overlooked necessities of financial planning is...
The Gold Tree The Gold Tree Infographic visualizes above-ground stock of gold, sources of gold broken down to continents and countries and uses of gold. The infogra...
UK Debt Crisis The UK debt is spiralling out of control.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.