It happened because she had a very common last name, and also shared a very similar first name to another individual who lived not far from her, and even had a very similar social security number. Unfortunately my potential client had not applied for a new loan of any kind for several years and had no idea that these errors had been piling up. As a matter of fact, errors were so severe that despite literally months of working with her to get errors corrected, we couldn't wash them away in time. Her financial situation had sprialed out of control and she was ultimately forced into bankruptcy.

And......it all could have been avoided if she had only known situation existed in time. I cannot stress enough importance of having your credit checked at a minimum, every six months to check it for errors.

Don't let something like this happen to you! I can very easily be avoided if you take proper steps.

It is now reported over 80% of all credit reports have errors, and if you have a common last name, or have Jr. or III, etc., at end of your name, chances are closer to100%!

Don't wait until it's too late, take action now and give your credit a "check up"!

****Please feel free to pass this article along to a friend, or to publish on your web site, as long as no changes are made to resource box.****

Don Bethune Destiny-Marketing, LLC PO Box 801244 Acworth, GA 30101 http://www.CreditReportRepairOnline.com

www.CreditReportRepair.blogspot.com

Tap into your IRA First-time homebuyers can withdraw up to $10,000 without penalty from an IRA/Rollover IRA to use as down payment money to purchase a primary residence.

No Money Down loan programs What about no money down loan programs? Yes, you’ve seen commercials on late-night TV…”Buy a house with Zero Down!”

There are these types of programs available but be prepared to pay higher interest and loan fees. How much higher depends on lender and your credit score.

Even with no money down programs, you will most likely still need to come up with some money for closing costs and any cash reserves required by lender.

It is also important to remember that in addition to down payment, homebuyer must be able to afford monthly mortgage payment. The lower down payment, higher loan amount and higher mortgage payment.

To learn more about downpayments, visit Empire Real Estate - Downpayment Money, and No Money Down Loans . This article may be reprinted only if credit is given and all links are kept intact. Copyright©2005 Empire Real Estate Group, Inc.