On the web today was a good article, “The True Cost of a Low Credit Score,” written by Tamara Holmes for Bankrate.com. I recommend it. Find it on the web. It has good and truthful information about just how a lower credit score can affect what you pay for credit. Also, as we know, credit scoring is increasingly important in many other areas of life, including employment applications and insurance underwriting for any kind of insurance.
Moral of the story: keep an eye on that credit report! If it belongs to you and it’s legitimate, then work to clean it up legitimately (i.e. don’t use “credit repair clinics” to clean up truthful information on your credit report, as these can mess up your credit report as much as they can help it), and for untruthful information, keep an ever-vigilant eye and dispute it when it comes up.
And, if all else fails, call me (if you’re in Southern California) or go to myfaircredit.com or www.naca.net for a referral to a local credit reporting attorney near where you live.