Your Credit Report

Do you know the importance of your credit report and score? Your file contains a significant amount of valuable information – personal information about you. It contains information that – under certain conditions – others can legally access, and the information can be used either for or against you. Having accurate data in your report is therefore crucial.

However, you are not simply and totally "at the mercy" of what's contained in your credit file. To be honest, credit information errors and inaccuracies are quite common, and because of this fact (and others) there are processes and legislation in place to aid you in fixing such discrepancies. These give you consumer rights that both creditors and the credit reporting agencies must respect. You'll find such resources in this section, as well as tips to give your credit score a helping hand and information to boost your understanding of the importance of your credit report – and why it ultimately pays to keep it as healthy as possible.

If your credit has fallen upon difficult times, don't despair. You are by no means alone. There are methods by which you can legally repair your credit file, and a number of reputable organizations offer credit report services. Or you may opt to undertake the task yourself. Whichever way you choose, it does take time and persistence, but the results can often be dramatic and well worth the effort, because the bottom-line effect of a strong credit profile is simply this: more of your hard-earned money kept in your own pocket.