Beware: These moves can leave a dent in your credit score

Beware: These moves can leave a dent in your credit score theusbreakingnews 3 weeks ago US Breaking News Leave a comment 25 Views Many of us are at the hours of darkness about what makes their credit score ratings upward thrust and fall.

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Errors on your credit report can drag down your score, Schulz said. "It’s absolutely essential to review your credit report at least once a year to make sure that it is accurate," he said. If you see a potential problem – be it a reporting issue or sign of identity theft or fraud, let the credit reporting company know as soon as possible.

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However, only you can see these soft searches and they won’t affect your credit score. In fact there should only ever be. carry out a ‘hard’ search on your credit history, which will leave a mark.

These four money moves – some seemingly positive – can actually lower your score, experts say.. Beware: These moves can leave a dent in your credit score. These four money moves – some seemingly positive – can actually lower your score, experts say.

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The three big firms that generate credit reports for consumers are Experian, Equifax and TransUnion. You are allowed one free report from each of the three companies each year, according to the Federal Trade Commission. You can also freeze your credit with these agencies for free to protect yourself from identity theft and other types of fraud.

"Paid by settlement" will appear on your credit report, next to your accounts. That hurts your credit score. with these companies is only one step above bankruptcy, and should be avoided at all.

Beware: These moves can leave a dent in your credit score. The standard advice for getting a high credit score is to pay your bills on time and keep your. michael brown shared.

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