A low credit score can cost you thousands of dollars.
Even one late payment can badly damage your score.
Insurance companies and landlords use credit scores to evaluate applicants.
Credit bureau-based scoring systems, which lenders began using in the mid-1980s, use data from millions of borrowers.
Your credit accounts, credit inquiries and public records make up your credit score.
Check your credit report at least once a year.
Identity theft is every consumer’s worst nightmare.
Use a document shredder to prevent identity theft.
If bankruptcy is your only option, use it.
Errors in your credit report won’t fix themselves. Take action.