As a nation we are facing some pretty tough times financially.
The big thing these days is having enough money to buy the things you want, but what about those big purchases? Like your first home, or a reliable vehicle.
Unless you are in a job that pays really well or are in a job that is recession and lay off proof you more than likely have to rely on your credit score to get approved for loans.
It's important to do everything you can to make sure it's high enough so that you'll look attractive to creditors when they look at your credit report.
There are a few things you'll want to keep in mind though so that you are able to have the highest possible FICO score when that time comes.
Check Your Credit Report Periodically.
So many people fail to do this simple and "free" task each and every year.
Every year you are allowed one free credit report that will give you all the same information the creditors will be looking at.
About 1 in 4 of these have some sort of negatively impacting error that will hold you back from getting approved for that loan.
So check it often! It pays off.
If You Find Something Wrong, Get It Off! Most people don't know that you can actually dispute incorrect findings on your credit report.
Being that there is such a high amount of errors on these things, you have the ability to get this information taken off if it's inaccurate.
By reporting it they have 30 days to look into and verify the dispute to make sure it's accurate.
If it's not, guess what? It's gone.
Making sure you see this information is the first step to correcting it and effectively raising your entire FICO score.
Don't delay as this can be extremely vital to your financial portfolio!