By Tim Kowols
Credit scores continue to give people a “report card” on their finances so they are not surprised when they go to tackle some of life’s biggest decisions. Three different credit bureaus collect information to give consumers and businesses insight into their financial health. According to the website Lifehacker, low credit scores can make it harder for you to get a loan and cost you more in interest rates and other fees. Gay Pustaver from Money Management Counselors says her organization can help make sense of it all.
Pustaver believes you should check your credit report at least once a year for mistakes, but possibly more if you have been the victim of identity theft. You can hear the entire Money Management Monday interview with Gay Pustaver online with this story.