As many individuals may have already noticed, the price at the gas pump has been steadily increasing since February. According to recent data from the U.S. Bureau of Labor Statistics, fuel hasn't been the only item to increase in price during the last month.
The federal agency's Consumer Price Index for All Urban Consumers rose 0.5 percent last month after considering for seasonal factors. The index for gasoline of all types climbed 4.8 percent in February, resulting in the overall energy index making the largest impact on the CPI's increase.
Price increases for fresh meats and vegetables led the food indexes to rise across the board, though the food at home category saw the largest increase at 0.8 percent.
With seasonally adjusted increases throughout the various categories, consumers may be charging extra on their credit cards when they make purchases. Whenever consumers increase their credit card balances, it's especially important they check their credit reports to make sure all of their payment history is accurate. Individuals who find a questionable or errant item on their report may see their credit score fall. Moreover, since increased credit card balances almost always result in lowered credit scores, incorrectly reported increases in that regard will unfairly lower such scores as well.
By contacting a credit repair company, these individuals may be able to investigate and dispute the blemish quickly and efficiently. Some credit lawyers may be able to work with the credit bureaus to help rectify any misinformation that was relayed from a creditor or retailer.