When it comes to your credit report nothing can make you believe in the importance of it until you are face to face with the impact it can have on your financial life. I had never given any thought to my credit report; not before I had it brought to my attention. Unfortunately the way in which my credit standing was brought to my attention was during a loan process in which I was trying to get a mortgage for a home. I honestly didn’t know enough about my credit to make a determination which way it was going to go but I thought for sure, in the end, I would be okay and would be approved for the mortgage. With the loan process being what it is right now, however, I was denied for a mortgage loan in short order and I had nothing to blame but my credit report – something that I had actually never laid eyes on until that time.

Since then, my credit report has been a huge part of my life as I work towards fixing my finances and my credit standing. Part of what I am doing on a regular basis is ordering free credit reports from each of the three credit bureaus – something that I am at liberty to do with each of them once within every twelve month period. Having a free credit report on hand allows me to know right away when something needs to be addressed on my credit report and also to watch as change is made through my efforts and my credit score approves.

Additionally I began looking at secured credit cards to help me start to repair my credit; something that I could do that was within my control. More in the next post about secured credit cards…

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