Your credit score follows you wherever you go: when you move, when you change jobs, and when you apply for a new credit card or get a new loan.
Get Better Credit – 5 Secrets Of Success
Improving your credit, or FICO, score by even 50 points can save you hundreds of dollars per month in lower payments. This is because your credit score directly determines the interest rate at which lenders charge you for auto loans, mortgages, and credit cards. A better score can also make you eligible for many special rates and promo offers that you may not even be seeing right now because you are not on the right mailing lists due to a less-than-impressive score.
Credit Score/FICO Report – 5 Steps To Improvement
Your credit score/FICO report can determine your eligibility for loans, what interest rate you pay for loans, and even whether you get a job to which you are applying. With every incentive to improve your score and nothing to lose, it should be a priority step in getting your financial life on track.