Salt Lake City, Utah (PRWEB) July 10, 2013
Lexington Law, the nation’s leading provider of consumer credit repair services, today released the results of its recent survey that examined how consumers prepare their finances before they make large purchases, like a car. The survey found that 71 percent of respondents said they do not try to improve their credit score and 66 percent do not even look at their credit before making a large purchase. The results also revealed that 24 percent do not believe that their credit score is a factor in determining the interest rate they might pay on a loan. Finally, 40 percent of Americans do not check their credit score at all.
The survey results show that a majority of Americans might be setting themselves up for financial trouble, said Randy Padawer, vice president of credit repair services at Lexington Law. Credit reports can often contain errors or misleading information and consumers need to understand they have the right to a fair and substantiated report. You never want to be surprised by bad credit, especially when youre applying for a loan.
Other key findings include:
����Only 22 % of customers check their credit everyone to 4 months
����18 % of Americans plan to create a big buy of some sort this year
����More than half (57%) of 18-24 year olds have not checked their credit
����22 % of 18-24 year olds plan to purchase a vehicle inside the upcoming 2 months
Methodology
The information was accumulated by the nationwide Google Consumer Survey of over 1,700 adult Internet consumers.
About Lexington Law
Lexington Law is a customer advocacy law fast with 21 years of experience assisting hundreds of thousands of Americans function to enhance their credit. These are generally amidst the biggest network of credit repair experts inside the U.S., employing a growing staff of 24 attorneys plus 200+ paralegals/agents over 19 states. The fast empowers credit achievement from efficient services that leverage customers rights to legally solve issues with credit bureaus plus lenders. Lexington functions to confirm which its customers credit reports are a fair plus exact representation of their true creditworthiness. For details regarding Lexington Laws services, attorneys, or statistics visit: http://www.lexingtonlaw.com.
Contact:
James Christopherson
james.christopherson(at)atomicpr(dot)com
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