Checking your credit report is the best way to see how you are doing based on the (3) credit reporting agencies, Experian, Transunion, and Equifax. About 20 percent of consumers have a mistake on their credit report. Periodically, check for errors and correct them before you make your next large purchase such as a car, boat, or a home. Don’t be surprised of your loan is denied, especially if you have not check ahead of time.
High credit scores translate to saving money on loans and credit cards. Understanding how your report affects your score can help you push your number higher. It appears, 14 percent of adults don’t check their credit reports due to fear of what they will find.
Fair Credit Score – 580 – 699 will pay about $45,000 more in interest over their lifetime on loans and credit cards versus a consumer with very good credit score of 740 or higher, according to recent research from LendingTree.
https://www.cnbc.com/amp/2018/08/07/not-checking-your-credit-report-comes-with-risks.html
Rev. Dr. Donna Taylor is the Pastor of Andrew Chapel, United Methodist Church on the Northern Neck in Montross, VA. Rev. Dr. Taylor promotes best practices for financial literacy and financial empowerment in the church and leads workshops throughout Northern Virginia. Currently, she serves as the Chair of the District Finance Committee. In May 2015, Rev. Dr. Taylor received her Doctor of Ministry from Virginia University of Lynchburg in Lynchburg, VA. Rev. Dr. Donna Taylor is married to Dr. David Taylor, who is also the Director of our church-based free clinic. They have two adult children and three grandchildren. In her leisure time, Rev. Dr. Taylor enjoys traveling, jogging, weightlifting, swimming, yoga, and interior decorating. In May 2015, Rev. Dr. Taylor received her Doctor of Ministry from Virginia University of Lynchburg in Lynchburg, Virginia. Rev. Dr. Taylor was born and raised in New York City and recently discovered her ancestral roots in Guinea-Bissau, West Africa. Rev. Dr. Donna Taylor is married to David Taylor and they have a son and a daughter. Their daughter is a educator and son is an Active-Duty Senior Seaman in the Navy married with three children. In her leisure time, she enjoys traveling, reading, swimming, writing poetry, crocheting and spending time with her family.