You have a legal right to view your credit report. Your credit report is a history of your financial transactions and if you are turned down for a loan, you can view your report to determine why. You can get your credit report from a credit reporting bureau. You may be eligible for a free credit report to view your consumer credit status. How good your credit score is will determine what loans you can get and on what interest rates.

Consumer credit counseling

Misuse of credit can often lead to a high amount of consumer credit loans which can in turn lead to bankruptcies. If you are facing an overwhelming debt situation, it may be advantageous to seek out consumer credit counseling.

If your credit situation has deteriorated, consumer credit counseling may help. Counseling can help you determine your financial situation and help you find ways to repair your credit. Counseling can help you better manage your finances, so that you can stay out of debt and become a more informed user of consumer credit.

Some facts may affect one buyer while it may not affect other. If you’re confused about what you need to disclose, then consult your real estate agent or property attorney. To keep it simple, as an owner you should put yourself in shoes of buyer and decide what you would need to know about house before you decided to make purchase. If you have to make sale, make sure it goes through smoothly. There have been many instances of lawsuits arising from owners not disclosing important material facts about their home.