Single mothers running small stores, struggling to buy their children school uniforms as they work long hours to make ends meet. That was the image that stuck with Matthew Flannery when he was in Tanzania, Uganda and Kenya more than a decade ago.
The shamrock is also useful in understanding how your credit score works. Your credit score is actually a "trinity" of credit scores, reported by a trinity of credit bureaus; Transunion, Equifax and Experian.
By simply following the plan, one day at a time, then one month at a time, your positive financial changes will take you further from your mistakes. And that's how your credit score will improve, as will your peace of mind. So where do you start?
You may be surprised to hear me say this, but LUCK is all you need this St. Patrick's Day to keep your credit healthy. L.U.C.K. as I define it. As you know, maintaining healthy credit is not an accident, it's intentional and it takes work.
If you are looking for a way to be extra vigilant against identity theft or if you've been a victim of identity theft, you may want to consider freezing your credit with each of the three major credit bureaus.
Keep the real reason in mind. What's the real reason you want to work on your credit? No, it's not so you can get a good credit score. That's a good reason and an important one but it's not the REAL reason.
In order to avoid the headache of cleaning up your credit report due to inaccuracies, it would be beneficial to check your credit report with the three major credit bureaus (Equifax, TransUnion and Experian) annually.
Whether it's expected or accidental, the death of a loved one can shake you to the core. The last thing you'll want is to have to interrupt grieving to deal with mundane tasks, but unfortunately there are many actions that must be done on behalf of the deceased.
It makes sense to shop around for the lowest possible interest rate you can qualify for. However, consumers are also aware that inquiring too many times on a loan can have a negative impact on your credit scores (ultimately increasing the interest rate that you pay!)
I then contacted TransUnion's corporate office and got in touch with someone who understood what was clearly obvious. The matter was resolved a week later. Kind of. My credit score increased to nearly 800. But the false judgment remained on my credit report.