Rebuilding you credit score after past financial mistakes can at times be challenging. If you do not have the ability to buy your first home without a mortgage, your credit score is one factor lenders use to assess character and risk. Oftentimes, when individual’s take the time to rebuild their credit, they retrieve their credit report from annualcreditreport.com and begin reviewing their report for errors and discrepancies.
Andrea Cannon, (May 2016). “How Late Payments Wreck Your Credit,” [Retrieved from Kiplinger.com]