While much of the nation’s work force will be enjoying rest and relaxation this Labor Day, NationalCreditReport.com, a leader in credit report, credit score and credit monitoring services reminds consumers that fixing their credit score is a labor of love that could result in a huge payday down the road.

“People work hard year-round to earn a pay check, but many don’t realize that their income is not reflected in their credit score,” said Samuel S. Ambrose, Vice President of Marketing and Operations for NationalCreditReport.com. “It’s the things that require a bit more effort and thought like making timely payments, keeping a longer credit history and paying down credit card balances that will really pay off in the end.”

Ambrose notes that there is a widely publicized trend of good credit scores declining because of the challenging economy, but consumers should start the job of fixing their credit score by checking their credit report.

Achieving a good credit score can help consumers in many ways:
They may benefit from lower interest rates. When an individual applies for a loan, lenders check their credit report and evaluate the person’s credit record to decide whether to lend to them. The lower interest rate that they get today can result in significant savings over the life of the loan.

They may qualify for more favorable insurance policies. A good credit score signifies a lower insurance risk. One’s financial history is relevant to an insurance company to see how likely the individual is to pay premiums on time.

A good credit score may be the difference in getting a new job. Employers assume that the way a person maintains their finances may be a good representation whether they will perform responsibly on the job. If the job applicant provides approval, an employer can check their credit report as long as they comply with the Fair Credit Reporting Act (FCRA).

At the company’s website, www.nationalcreditreport.com, consumers can sign-up for a free credit score and a free, seven-day trial of its Triple Safeguard Credit Monitoring™ service. The company also offers consumers the opportunity to purchase their credit report and score for one low price with “no strings attached.” Interested customers can visit www.nationalcreditreport.com/nostringsoffer to buy their credit report and score without being enrolled in a credit monitoring service.