Your credit score may just be a three digit number, but this number actually has the power to strongly influence your financial interactions. From getting you approved — or denied — for something as big as a mortgage or as little as a department store credit card, your credit score — and the credit history report it’s based on — can have a big impact on your budget and expenses.
If you’re reading this article, it’s possible that you’ve already found out that your credit score isn’t as high as you’d like it to be. If you’re a smart consumer, your immediate move will be to order a copy of your credit report. Depending on where you live, you may be able to get this once a year for free, and you’ll be able to obtain copies from the three big credit reporting bureaus – Equifax, Trans-Union, and Experian.
Depending on what’s listed on your credit report, you may be able to resolve disputes easily. Sometimes creditors honestly forget to send a positive update to a previously negative report. In other cases, the reports are slow to update. Or, there may be legitimate debts that you may need to address. But for really complex credit histories, especially if there are foreclosures or bankruptcies to consider, you may need some legal guidance in cleaning things up.
There are many reputable and legitimate credit repair companies and law firms who have the expertise and insider knowledge necessary to help you clean up your credit report. Bad credit is an incredibly slippery slope that is all too easy to continue sliding down; but not so easy to climb up and away from. But improving your financial health is essential if you’d like to be approved for a loan, refinance your mortgage, or even get hired within certain career industries.
When considering a potential company or group to assist you with credit repair, it’s a good idea to check out what customers have to say about them Lexington Law reviews, for example, will give you a good idea of the services this particular company provides, and what you can expect from them if you become a client of theirs.
Keep in mind that credit repair, whether you go it alone or hire a professional to help you, can be a lengthy process. But if you stick it out, you’ll end up with a much better credit score in a matter of months, which means opening doors to many different financial opportunities.