Blaine, WA (PressExposure) April 24, 2008 -- SaveMeFromForeclosure.com, LLC a proven leader in the foreclosure prevention services industry continues to share valuable information to consumers facing foreclosure and other housing industry related matters. With the recent surge in foreclosures many consumers find themselves facing major credit issues. SaveMeFromForeclosure.com, LLC addresses credit reports and shares information on the importance of credit worthiness.
SaveMeFromForeclosure.com, LLC shares information regarding credit reports and how consumers are affected by them. âMany consumers want to know what a credit report is anyway,â says Justin Lee, CEO of SaveMeFromForeclosure.com, LLC. Some consumers think the only time their credit report becomes an issue is when they are trying to purchase or refinance a home. This is very untrue. Credit scores are very relevant in day to day lives and consumers should be aware of that fact and realize their credit report reflects financial life history as a borrower. There are three major credit reporting agencies; Equifax, TransUnion and Experian. Many businesses rely heavily on these three reporting agencies to determine if the consumer poses a risk in extending credit. Credit reports also assist lenders in determining the interest rates offered to consumers.
SaveMeFromForeclosure.com, LLC shares information to consumers about how important their credit rating is. Used by many as a determining factor credit reports have been used by landlords, insurance companies and even employers as a determining factor. The credit report brings into focus personal borrowing and spending habits, and even suggests personal characteristics. SaveMeFromForeclosure.com, LLC suggests consumers take a proactive approach in knowing their credit scores and making every attempt to maintain good credit. More information is available on the website http://www.SaveMeFromForeclosure.com