Tag Archives: credit reporting agencies

If you’re among the millions of people who have bad or questionable credit, you may have recently realized it when you got a copy of your credit report from one or all three of the major credit reporting agencies. Looking over those sheets of paper can be daunting and depressing, and it might seem like an insurmountable task to get your credit repaired. But that’s exactly what you have to do if you want to make a major purchase such as a car or home. You need to get your credit straight simply to save yourself money if you already make payments on a mortgage, credit card or loan. The banks are charging you more than someone with excellent credit, because you are a bigger risk in their eyes. A history of late or non-payments to other creditors or utility companies may have caused your current lender to charge you the very highest interest and fees possible, just in case you don’t make good your load. Your peace of mind is greatly enhanced with just taking the steps of getting your credit report, and further peace comes when you start knocking those negative marks off your report, one by one.