The Hidden Reason Why Your Credit Score Just Went Up

credit score matters

Some people work hard to keep their credit score high, marking their calendars to make sure bills are paid on time, and not overusing a single credit card. Other people never check their credit score, pay their bills late, and don’t consider earning a high score a priority.

Whether you’re in Column A or Column B, your credit score may have just gone up. In fact, experts estimate that 1 out of every 9 Americans just enjoyed a credit score bump that could make it easier to get lower-interest loans or credit cards, or even land a job or an apartment.

Related: What If I Had a Zero Credit Score?

The Hidden Reason Why Your Credit Score Just Went Up

The following is a guest post by Jeff Hoyt, from MoneyTips

In April, the three major credit bureaus – Equifax, Experian, and TransUnion – had to remove all outstanding tax liens from our consumer credit reports.

The reason: The Consumer Financial Protection Bureau found that credit reporting agencies often get wrong information when using public records databases.

The result: Your score could have increased without your lifting a finger!

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