"Credit Scores Go Beyond Banks and Loans, They Affect Many Parts of Your Life. Learn What A Credit Score Means"
Ways To Improve Your Credit Score: Part 2 of 4
« Read Part 1: Ways To Improve Your Credit Score
Are you trying to figure out what your credit score means to you? Are you wondering if your credit score can help you:
- Receive a better job offer
- Qualify for a nicer credit card
- Get a better insurance rate
- Obtain a better rate on your loan
Wondering if getting your score gives you any of these benefits or at least a small step towards being financially smarter? Do any of these questions sound familiar? If so, then this article is for YOU! And you should scroll down and read this entire article.
It’s Smart to Be in the Know
There’s really no other way to say it. People who have their financial ducks in a row do MUCH better than those who don’t. Even people who have worse credit than the ones with good credit! Confused? Let me explain.
The numbers we usually have on our minds are our age, cholesterol level, salary, or even sports scores. The simple truth is that your credit score is probably the most important set of numbers attached to your identity that you don’t know, BUT SHOULD.
Though a bit strange, the simple truth is that your credit score can affect:
- The educational options available to you and your family
- The neighborhood you live in
- The life insurance you own
- The job you are offered
You should know your credit score BEFORE you apply for a loan or make a major financial decision because it will improve your options.
Not knowing your score leaves you vulnerable. This can lead you to be a victim like so many we’ve read about in the housing, banking and job market fall out of the past few years.
Yes, we run into hard times and mistakes are made. We have difficulty paying back our credit cards or loans at times. It’s not unusual and it can happen to anyone. But being PREPARED and making sure you are RESPONSIBLE enough to check and monitor your credit score, is a decision that each of us has instant control over.
You need to be proactive, smart, and savvy with your credit in order to guarantee you get the greatest opportunities available and don’t become a victim!
Stay tuned for our next major artilce that discusses the FICO Credit Score Breakdown. Coming soon!
Read Part 3: Credit Score Breakdown »