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Having negative items on your credit report, whether accurate or not, will cause you problems in three areas of your life:
1. Higher Interest Rates- If you have a low credit score you will pay higher interest rates on everything from car loans to home mortgages. That is assuming that you would qualify at all.
2. Employment– Many companies will run a credit report on you before they will hire you, especially banks, retail stores or anywhere else that handles cash. These companies view someone with bad credit as being at a higher risk of theft or fraud.
3. Home & Auto Insurance– Almost every insurance company will check your credit. You will be charged higher premiums if your credit is bad because they see you as more of a risk for insurance fraud.
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Copyright © 2005 TRW Credit Group LLP
Email: bklesath@trwcredit.net
696 Hwy 120 East, Pottsboro, Texas 75076
Phone: 1-402-630-2759 |
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My life has changed for the better
You won't believe how TRW Credit Group has changed my life. I just bought a new 2004 Ford pickup and I am now in the process of refinancing my home at a lower rate.
-Paul H.
Denison, TX
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