Credit history is of real importance whether to yourself or the entity that is reviewing your report! Banks, credit card companies, phone etc.
They will search your credit history to see if you are a risk that they are prepared to take! What you will find is, every time you apply for a loan or credit card in fact any sort of credit they will trail through your history.
You will find exceptions to this rule.
But you will find that what you pay back is more than the usual! This is why it is important so that you can know how credit rating works.
It is very important for you to know what a credit score actually mean for you to you and your future.
There is not really a bad time to access your credit report.
Get the report sooner rather than later if you think that there may be reason for concern! It is important to remember that your credit score doesn't stay the same.
It will go up if you pay your bills on time and it will go down if you don't pay your bills on time and create a negative report.
Your credit rating or your credit score changes all the time.
This is why it is very important so that you can pay your bills on time, such as your loan, and your credit card bills in order for you to continually raise your credit score.
If you believe there could be a good chance that you have a poor credit score it may be to your advantage to acquire your score if you are intending to apply for credit within the near future.
This is because if you do apply for credit and are turned down, this will go against your score in some if not all cases.
Always try and pay your bills.
This will somewhat help to improve credit score over time.
Whoever says they can fix your score overnight is not being totally honest with you.
So on honesty!! Let's face it most of us have, at some point, overlooked a payment to whoever, or for whatever!! It happens.
The important thing is as soon as you realize that a bill has been missed, contact them and discuss the debt.
Sometimes if it is an oversight and you get the payment to them ASAP, they will waive the extra charges!! I did say sometimes! Remember that with a good score you will be able to get access to the best facilities and products available in the market.
With a poor score you are not going to be able to do this.