January 17th, 2012, posted by Troy
The importance of your credit score cannot be overemphasized these day. It affects not only the interest rate you’ll get when you apply for a home loan or refinance, but also your rates on car loans and credit cards. Surprisingly these days, even employers will monitor your credit rating.
This article explains much about what goes into your credit score (http://finance.yahoo.com/news/credit-score-080000874.html) but there are many ways to beat the averages and raise your credit score. Beyond paying your bills on time, you’ll want to pay your bills strategically to raise your score as quickly as possible. Many people become embarrassed by what’s on their credit reports. No need to be. Sometimes mistakes are made but they can be rectified, not easily but with diligent work you can repair your history. Feel free to give me a call if you’d like some advice. In the meantime, find out where you stand. Get your free credit report as a first step. Be sure you’re getting all 3 reports from the 3 reporting agencies. Once a year you can get the report but make sure they don’t try to charge you for the service as it should be for free.