Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

A credit reference is used by lenders to determine your creditworthiness. You might need a credit reference in a variety of circumstances, like when applying for a credit card, renting an ...

It can also prevent you from receiving advance credit payments in future years. What do I need to do now? First of all, don’t ignore the letter. Respond even if you disagree with the information ...