In less than a month, major changes will be in effect for how the three major credit reporting agencies (Experian, TransUnion and Equifax) report on your credit. These changes must be implemented and in effect by June 8, 2018. As most of the changes are actually pro-consumer, this is a rare win for US consumers and should have a positive impact for thousands of Coloradans.
Our resident credit expert, Jim Spray, has an excellent blog post detailing some of these changes. You can read his update here: JAMES SPRAY BLOG POST
Did you also know that you are entitled to one free credit report every 12 months from each of the credit reporting agencies? Pull your credit report for free at www.annualcreditreport.com