Common Credit Report mistakes

Your credit report is not something to be taken lightly these days. It is almost as important as your social security card. There will come a time where your credit report will be required for credit purposes. We see credit reports on a daily basis, and there typically are issues with that individual’s credit report that was not known. This is all too common due to a lack of staying on top of your personal credit report. Here are some common issues we see that cause loans to get denied.Credit Report Issues:- Credit Cards charged beyond credit limit- Credit Cards charged above 30% of allowed credit limit- Late payments- Co-signed for loans- No Credit- Credit Score too low- Your dads credit shows up on your report because you are a junior- Medical Collections- Stolen Identity- Credit card fraudThe majority of the time most people have no idea that the previous information discussed affects your credit report. All it takes is one of these mistakes to have issues getting credit extended to you.If you are getting ready to make a purchase you can definitely save on interest rates and terms by pulling a copy of your credit report with credit scores. […]

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