Many people are totally unaware to what extent a bad credit score negatively impacts their ability to qualify for loans, credit cards, mortgages and even employment. Your credit score is one of the most important factors impacting every aspect of your financial life. The biggest problem for credit dependent consumers is the fact that more than 76% of credit reports contain negative, erroneous and unverified information that lowers your credit score. The good news is these errors can be removed and your credit report repaired.