Spring is in the air and quickly coming to a close. During this season, many people are planning, tackling and completing their spring cleaning lists. Today we will cover a couple of financial spring cleaning tips you should consider.
Opt Out of Pre-Approved Offers
Do you ever get multiple credit offers in the mail for preapproved credit cards or small personal loans? Are you tired of all the junk it accumulates to? Opt out of these prescreened offers, eliminate the temptation of applying for unnecessary lines of credit, and also minimize junk mail. Visit optoutprescreen.com to exclude your name from these prescreened offers. You can complete an online form to opt out for the next five years, or you can print, fill out, and mail a physical copy for a permanent opt-out.
Properly Dispose of Documents
On your spring cleaning journey, you may have found files or boxes full of records and documents you may need to sort through. Tax documents are records you need to keep on file for a certain amount of time. Other documents such as receipts, bills, bank statements and those pre approved offers we mentioned above aren’t items you simply want to throw away in the trash. Identity theft is one of the largest growing crimes in America, and properly disposing of these documents that contain personal and sensitive information will help protect you from being a victim. Shredding these documents instead can best help protect your information. Don’t have a shredder? See if your city helps locals dispose information such as Dallas’ Shred Day.
Monitor Your Credit
It is highly recommended that you check your credit report at least once a year with each major credit bureau Equifax, Experian, and Transunion. You can request a free report from each major bureau yearly through annualcreditreport.com. If you have already requested your free report you can also obtain monitoring services. Consider investing into credit monitoring services for monthly credit checks such as the ones from Score Safety. Look for any errors on your credit report and be sure to dispute them. Any errors that are not disputed and corrected could potentially lower your score, result in higher interest rates, or impact your ability to be approved for credit. Need assistance with disputing errors or unverifiable information? Contact MSI Credit Solutions for more information regarding credit repair services.
Re-shop Your Insurance and Service Providers
What if you had the potential to possibly save hundreds of dollars or more? Would you be interested? Chances are the rates you received before may have changed. For insurance it is best to shop with an independent insurance agent. These agents will have access to an entire network of insurers and because of this it will allow for different options. Shopping with an independent agent will not only help save you money but could also help you find a better policy. For other services you may want to re-evaluate the price and services you are currently receiving. Some consumers can find up to 40% savings when switching companies such as their utility provider.
We hope these small financial cleaning tips will help you this season and year round. Implementing these simple tips can help save you money, protect the status of your identity and your credit.
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.
