Two Great New Reasons to Investigate Your Credit Score
From time to time, you have probably seen the advertisements pleading for you to learn your credit score.Finding out more about your credit ST0-086score is definitely a smart move for a variety of solid reasons.The simple fact is that your credit score deeply impacts your life, even if you don't realize it.Your credit score is linked to the interest rates you are charged whenever you borrow money.Regardless of whether you are borrow money for a car, a home or are applying for credit cards for bad credit, your credit score has an impact.
Significant New Laws as of January 1st 2011. January 1st 2011 stands as an important date for consumers, as that date marks the enactment of a new federal law, which allows consumers to see their credit scores for free. While the Fair and Accurate Credit Transactions Act in 2003 made some progress in this direction, these new federal laws broaden consumer's access to these scores.Thanks to this new law, it is now possible for anyone living in the United States to see their score and, in the process, learn more about his or her credit situation250-510.Also individuals will have the opportunity to fix problems that arise in credit reports.
Learn More About Credit Interest Rates. This new regulation also allows consumers to learn more about why they are being charged a given interest rate on their loans.The purpose behind this law was to take some of the mystery out of the interest rate process, which has been a source of confusion for decades. Also consumers will be able to know why they may not have received the best terms on their loans.
Now that these new laws are on the books, consumers have more access to information about their own credit than ever before.This is certainly a positive250-223 step in the right direction, especially in light of the tremendous impact that one's credit score has in determining interest rates.These new consumer tools should make it easier for people to not only put their financial houses in order, but also perhaps keep them that way.
Significant New Laws as of January 1st 2011. January 1st 2011 stands as an important date for consumers, as that date marks the enactment of a new federal law, which allows consumers to see their credit scores for free. While the Fair and Accurate Credit Transactions Act in 2003 made some progress in this direction, these new federal laws broaden consumer's access to these scores.Thanks to this new law, it is now possible for anyone living in the United States to see their score and, in the process, learn more about his or her credit situation250-510.Also individuals will have the opportunity to fix problems that arise in credit reports.
Learn More About Credit Interest Rates. This new regulation also allows consumers to learn more about why they are being charged a given interest rate on their loans.The purpose behind this law was to take some of the mystery out of the interest rate process, which has been a source of confusion for decades. Also consumers will be able to know why they may not have received the best terms on their loans.
Now that these new laws are on the books, consumers have more access to information about their own credit than ever before.This is certainly a positive250-223 step in the right direction, especially in light of the tremendous impact that one's credit score has in determining interest rates.These new consumer tools should make it easier for people to not only put their financial houses in order, but also perhaps keep them that way.
|
|
