This Credit Score Mistake Could Be Costing Millions Of Americans

Find out your Real Credit Score…and what it could be costing you.

Adam McFadden | June 21, 2022 | Updated August 10, 2022

This Credit Score Mistake Could Be Costing Millions Of Americans

Find out your Real Credit Score…and what it could be costing you.

Adam McFadden | June 21, 2022 | Updated August 10, 2022

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Did you know that your credit score fluctuates all the time regardless of your payment history? Since your credit scores affect the price you pay on your mortgage, auto loan, insurance, rent, utilities, and much more, it’s important to know your score and keep a close eye on it.

And that goes for everyone, even if you think your credit score isn’t bad. According to credit experts, anything under a 760 could result in higher rates.

Here are some easy steps to build, protect or cash in on bonuses with your credit.

Step 1: Get Your Score Right Now

If you have not checked your credit score recently and don’t have a copy of your latest credit report, now is the time to take action. You can check it for $1 and get a 7-day credit monitoring trial membership from Experian on ImportantScore.com right now. Don’t rely on an old score you checked 4 months ago. ImportantScore.com shows your current scores from all 3 credit bureaus as well as your full credit report. Check your scores now.

Here’s Why Knowing Your Real Credit Score Is So Valuable

If you find out you do have a strong credit score, make sure you’re using that good credit to the full advantage. One perk of having good credit is that you can get a credit card that gives you a cash bonus to sign up and gives you cash back opportunities every month.

Apply for the no annual fee Citi® Double Cash Card and earn unlimited cash back on all your purchases. The card also comes with a limited-time $200 cash back bonus after spending $1,500 in the first six months.

You may also be able to start saving money on your monthly expenses. Do you have a car loan? See what rate your credit score will get you with OpenRoad Lending and potentially lower your monthly payment. Check for a free quote on a better monthly rate.

How about your car insurance? Haven’t shopped it in a while? Your credit score affects those rates too. See if you can save up to $440 a year on your auto insurance with The Zebra. (It’s fast and free.)

If Your Credit Score Is Bad, Make Sure It’s Not A Mistake

First, talk to credit repair experts right now and see if there is any inaccurate credit data on your report. Then, let them help you get those removed so you can improve your score and use it to your benefit.

A recent Consumer Reports investigation showed more than one-third of Americans found at least one error on their credit report which lowered their scores and they didn’t even know about it. That one error could cost thousands of dollars per year.

One great option to ensure your credit report is accurate is Credit Saint. They are one of the top-rated companies in challenging inaccuracies on credit reports and offer a full 90-day money back guarantee. Get your free consultation now to see how they can help. Make sure you’re not paying more for someone else’s mistake.

Build That Credit Score Up

If you simply need to build your score, start with a Self Credit Builder Account. With Self, you can build credit and savings* at the same time.

Regular on-time payment history can have a positive impact on your credit score. By opening a Self Credit Builder account and making your monthly payments on time, you can build positive payment history with all three credit bureaus***.

There’s no credit check to apply. Get it here.

Did You Check Your Credit Scores Yet?

Whether you found out you have good or not-so-good credit scores, these are easy steps you can take to use your credit scores to your advantage. Well done!

If you didn’t check your credit scores yet, don’t procrastinate any longer. It’s easy to check your score right here on GOBankingRates.com. Plus, you get a credit monitoring trial for $1 when you check your score and credit report.

Get your scores now

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*All Credit Builder Accounts made by Lead Bank, Member FDIC, Equal Housing Lender, Sunrise Banks, N.A. Member FDIC, Equal Housing Lender or Atlantic Capital Bank, N.A. Member FDIC, Equal Housing Lender. Subject to ID Verification. Individual borrowers must be a U.S. Citizen or permanent resident and at least 18 years old. Valid bank account and Social Security Number are required. All loans are subject to consumer report review and approval. All Certificates of Deposit (CD) are deposited in Lead Bank, Member FDIC, Sunrise Banks, N.A., Member FDIC or Atlantic Capital Bank, N.A., Member FDIC.

**minus interest and fees

***Results are not guaranteed. Improvement in your credit score is dependent on your specific situation and financial behavior. Failure to make monthly minimum payments by the payment due date each month may result in delinquent payment reporting to credit bureaus which may negatively impact your credit score. This product will not remove negative credit history from your credit report.