5 Reasons To Get Your Credit Report Today

Reason #1: 80% of all credit reports have errors, and/or completely inaccurate information in them, and guess who’s responsible for most of this? The credit card companies themselves. You see with a bad credit report, it allows the credit card companies to add on late fees, charges, raise your interest rates, etc. With all the extra payments, and high interest, you feel like your sinking. I know how you feel. By the time I was twenty five, I had run up over $10,000.00 in debt. One of the cards had an APR of 29%, which was outrageous! I was making payments only on the interest. That’s when I realized how important my credit report was.

Reason #2: If you have an accurate credit report, it can literally save you thousands in extra cash, that you could be using to pay off your debt, or be doing something we all need to do more often. Making deposits into a savings account. Being without debt, and having money in the bank, is one of the greatest feelings in the world, and its really not hard to do. If your not paying out hundreds or thousands of dollars because of false, or incorrect information on your report, you can use that money to open a high interest savings account, right?

Reason # 3: If your report has errors, judgments, or liens that aren’t yours, you will most probably be turned down for any kind of loans you apply for. Lets face it, most of the things we all need to make it through life, a home, cars, appliances, going to college, will require some kind of loan from a financial institution. The bank basically determines your “viability for paying back the loan” like this. The first 20% is based on your current lifestyle and situation. Your job, salary, marital status. The other 80% is based on your past, or credit report. If that report has the wrong information, you will be turned down for the loan, and it won’t even be your fault. This alone is a reason to check your report!

Reason # 4: This reason is sad, and all too common . Its also a very personal one for me. With so many people in this country with false, and untrue reports, people are paying thousands more than they should, and falling farther behind. They see only one option, bankruptcy. A member of my own family recently had to do this. Guys, if your “paying though the nose,” so to speak, because of bad information on your credit report, then for god sakes please don’t file a bankruptcy. Get your report, and fix the errors in it. It’s a hell of a lot cheaper. All a bankruptcy does is destroy your credit for the next decade, and make these attorneys richer. Trust me, having worked in law for fifteen years, they could care less about your problems.

Reason #5: We must start today to help get this country back on its feet. I was inspired by the presidents speech the other night, and he is right. We are the ones who are going to have to fix this problem, not just the government, all Americans. However, we can’t fix what’s wrong until we identify the problem first. That’s where getting your credit report, and fixing any errors comes in. Fortunately I’m running a site that does just that. I’ve listed several top credit reporting and repair companies in the world. So please utilize my services. I’ve made it easy to navigate and get you the help you need, fast! I also run a bi-weekly blog under the name “Credithelper” on www.wordpress.com. Drop me a line. I’d love to hear from you.