Happy Friday morning everyone! I hope your holiday season has been wonderful so far. Last week’s post was about credit cards, and today’s is about how to understand and improve your credit score. Whenever you apply for credit, the potential lender will check your credit score, in conjunction with your credit report, to determine if you are eligible for a line of credit and how much you are eligible for. Your credit score will determine the interest rate you pay on a new car, a mortgage, or credit card. You won’t be able to buy a house without a decent credit score (unless you pay upfront). Credit scores are often mysterious and misunderstood. What exactly determines if you have a good credit score, and how do you improve it?
How to Understand and Improve Your Credit Score
How to Understand and Improve Your Credit…
How to Understand and Improve Your Credit Score
Happy Friday morning everyone! I hope your holiday season has been wonderful so far. Last week’s post was about credit cards, and today’s is about how to understand and improve your credit score. Whenever you apply for credit, the potential lender will check your credit score, in conjunction with your credit report, to determine if you are eligible for a line of credit and how much you are eligible for. Your credit score will determine the interest rate you pay on a new car, a mortgage, or credit card. You won’t be able to buy a house without a decent credit score (unless you pay upfront). Credit scores are often mysterious and misunderstood. What exactly determines if you have a good credit score, and how do you improve it?