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Blog - 30 Oct 2019 06:46
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<p><strong>Your credit score is important<br /><br /></strong>Most people understand how important their credit score is and do everything that they can to maintain it at a high level. Most people will eventually have to apply for a loan at one time or another in their lives for a car, a house, or something else that they need; when that time comes, a good credit score can mean the difference between being approved with an excellent interest rate and being approved but with a terrible interest rate, meaning that they end up paying more. If the person’s credit score is low enough, he or she might not even be approved at all. This is why your credit score is so important.<br /><br /><strong>Credit report mistakes<br /><br /></strong>Since our credit score can affect us all anytime we need a loan or other financial services, you would think that everything that is in there is absolutely accurate, but that is often not the case. Your credit report might contain mistakes that can drop your score considerably and make you look bad once you apply for a loan that you desperately need. For example, your payment history accounts for about 35% of your score. What if you have always paid on time but someone entered bad dates and now it looks like sometimes you just don’t care about paying on time? That means a lower credit score and the lenders you applying with will see that. What should you do?<br /><br /><strong>What to do about credit report mistakes<br /><br /></strong>First, you should check your credit report well before applying for a loan because if there are significant mistakes, they can take a while to correct and it is best for you if you do correct them. At <a href="https://goloans.co/tribal-loans-guide/"><strong>GoLoans</strong></a>, we recommend that you dispute any mistakes that you find immediately. You can hire a service to do this for you or you can do this yourself through the credit bureaus: TransUnion, Equifax, or Experian. Credit repair is often not as hard as it sounds but it does take time.<br /><br /><strong>Contact Us:<br /><br /></strong>GoLoans<br />Address: 1990 Main St, Sarasota, Florida 34236<br />Email: oc.snaolog|olleh#oc.snaolog|olleh</p>
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