It is that time of the year again. Many of us are running around frantic gathering receipts, reading up on the 2015 Tax Laws and also realizing perhaps that are credit scores aren't where we'd like them to be.
It understandable. We are stressed, busy and unfortunately we do not always have the luxury of time to worry about something that is not staring us in the face.
However, please, be certain that you do pay your taxes on time. The length of time we wait may result in a tax lien appearing on our credit report, which is considered a public record, which will have a negative affect on credit scores, as well as creating a liability in the eyes of a lender.
If you want more information, give us a call or email and we can chat a bit more about it.
Ed-Jack Dvorak is National Affiliate Liaison at Credit Dr., a national credit restoration company. He works with clients and creditors to improve credit profiles.