As a Dallas bankruptcy attorney, the importance of obtaining a fresh start in finance is always at the top of the list. With the start of a New Year just weeks away, one of the best ways to get a jump on your financial goals involves your credit report.
A Step Ahead
Have you checked your credit report lately? If you are like most people, the answer is probably “no”. Most of the time, people don’t check their credit report unless they are alerted to a problem. This is not a good financial habit to carry around, and you could just be sabotaging your financial life because of it.
To put your best foot forward in 2013, request a copy of your credit report. The law allows you to obtain a full copy of your credit report for free once a year, take advantage of that offer. Review your information and make sure your debt accounts are accurate. Be sure your balances are correct, your payment history reflects properly, and look for any signs of negative information. Being late on a payment or missing a payment even one time is likely to show up on your report. Therefore, be sure that creditors are displaying your information properly.
Mistakes are common on credit reports. Look for outdated information, such as accounts being reported as open or active after they have been paid off and closed. If you find a mistake in the balance, payment history or status of your account, file a dispute. Contact the credit reporting agency and find out their steps for handling your dispute. You may need to submit a letter in writing, send documentation to prove your information is inaccurate, or even get in touch with your creditor.
Taking a few quick minutes to check your credit report can help you better achieve your financial goals in the New Year.