Make a New Year’s Resolution to Repair Your Credit

Make 2016 the year you get your credit back on track.

The welcoming of the new year has always been a time for looking back to the past, and more importantly looking forward to the coming year. It's the perfect time to reflect on the changes you want and more importantly need. Are you considering any of these top ten resolutions for the new year?

 

Top 10 New Year's Resolutions

blank list of resolutions on blackboard

  • Be less stressed
  • Spend more time with family
  • Travel more
  • Purchase a new car
  • Get a (better) job
  • Improve finances
  • Lose weight and get fit
  • Purchase a home or move
  • Propose to spouse (engagement)
  • Improve credit score

 

Improving your credit rating improves every area of your life.

Did you know that a majority of goals and new year's resolutions rely upon your credit rating?

What your credit score means to lenders.

Improving your credit score will not only eliminate stress, but it also allows for easier financing in many areas. Your credit score is referred to as your "risk factor" and it is used to determine how likely you are to possibly default. Generally, the higher your credit score is, the less likely you are to default on your loan.

Credit scores nowadays are not only considered for lending purposes. Many employers are also using your credit score as another form of a background check during the hiring process. This is especially used in many financial and security fields.

Have you checked your credit recently? We recommend to check your credit score at least quarterly (even better monthly) to capture any inaccuracies that could be impacting your credit score. Over 70% of Americans contain errors within their credit report that could impact their credit score! Don't let unverifiable credit blemishes hold you back from your New Year's resolutions.

What credit resolutions are you looking to reach in 2016?

Contact us today for more information about our services. You can also request your FREE consultation online here.

 

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MSI Credit Solutions provides superior credit restoration and comprehensive consulting services that are reliable and affordable. For any questions or to schedule a free credit consultation, contact us at (866) 217-9841.

 *The information in this article has been provided strictly for educational purposes.

 

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