WOULD YOU DRIVE A CAR WITHOUT INSURANCE? Since credit scores are what many use for car, mortgage, & credit card approval shouldn’t it also be protected and watched over?
Most homeowners have alarm systems, insurance, landscapers, etc
to help keep a property safe, maintain its value, and help when damages occur.
We go to great lengths to protect our assets and credit shouldn’t be any
different. Good credit is, for most, what affords them the ability to have these
assets. Excellent credit can also deliver huge savings on loans, more buying
power to purchase properties, and ultimately a better quality of life. More
importantly, with the housing market on the rise, tighter restrictions on
mortgage lending, ID Theft running rampant and massive errors being revealed on
consumer credit reports, being aware of the state of our credit has become
crucial. Unfortunately most people don’t look at their credit until they need to
use it. Usually it’s when they hear “You have been declined“ that they suddenly
begin to scramble to try to correct mistakes or delinquencies. Credit monitoring
allows consumers to be alerted to changes in balances, knowledge of accounts
being opened, delinquencies, and a view into who is looking at their credit.
Many monitoring products also offer ID Theft insurance and more. Being proactive
and monitoring credit may help save enormous financial cost and stress down the
road.
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