- Make sure all paid off loans are showing as paid in full/zero balance. Trying to get a new loan, can be very hard when it looks like you never finished paying for the first one.
- Verify that your Social Security Number, Addresses and Employment history are correct and current! Stability is a deciding factor.
- Check your credit report annually! Verify that all the information reporting on your credit report is yours. All it takes is one number transposed to change your score!
These errors could be hurting your credit score and your wallet! Be prepared so when the time comes and you are in need of a loan, new car etc. You can trust that your score is reporting accurately.
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