Delray Beach, FL (PRWEB) April 6, 2010
NationalCreditReport.com, a leader in credit monitoring services, advises consumers to diligently watch their credit to be proactive against credit fraud and identity theft. However, even consumers who regularly monitor their credit may be uncertain what all the detailed information in these comprehensive reports really means to them.
"By now, consumers know that they should monitor their credit and credit scores regularly," said Samuel S. Ambrose, Vice President of Marketing and Operations for NationalCreditReport.com. "But many people don't have basic knowledge and an understanding of their credit report and score to use this information to make credit-related decisions."
Interesting Facts about Credit Scores and Reports:
1. Checking your credit will not cause your score to drop. Only inquiries from lenders can make your score drop a few points. Participating in credit monitoring services is safe for your score.
2. Negative information on your credit report won't stay with you forever. These items remain on your report for seven to 10 years after they are first noted.
3. Your income and employment don't affect your score. People with high incomes don't necessarily have high credit scores just because they might be able to take on more debt. What matters is how you handle the debt you have!
4. It is not hard to dispute information on your credit report. Disputing an inaccuracy is as easy as informing the credit reporting agency, in the form of a letter, what information you think is incorrect. Consumer reporting companies are required to explore the items in question within 30 days.
"We encourage folks to visit NationalCreditReport.com's website and our 'frequently asked questions' section to help consumers ," said Ambrose. "We also have a team of trained customer service agents who field questions from our members about information contained in their credit report and our credit monitoring services."
Since 2004, NationalCreditReport.com has specialized in providing credit information, including interesting facts about credit scores, and credit monitoring services to consumers to help them understand their credit report and score. NationalCreditReport.com encourages consumers to check their credit report on a regular basis.