Why Check Your Credit Score?
After the lending crisis we just experienced, credit scores have taken on a new significance. No longer will we be able to secure loans with shoddy credit histories.
In order to guarantee that you will have credit available when it comes time to buy a home or a new car, you need to start now. A credit score must be actively worked on to ensure a good rating.
Maintaining a Good Credit Score
To maintain a solid credit score you need to pay all your bills on time, keep you credit utilization low (the amount of credit available on your balance vs. how much you use), and keep your credit history long by not opening and closing new accounts regularly.
Doing the above three things sounds easy, but easier said than done. For most people, keeping up with these figures is a chore and a difficult one at that. It is important though.
If you need help managing your credit score, you are not alone. Millions of people across the United States are now using credit management companies.
Credit Management
When you use a credit management company they send you a monthly update on your credit score. This helps you to fix any missed payments that you may have forgotten. It will also help you determine the best way to consolidate credit (if needed), as it will tell you which lines of credit are boosting your score and which ones are dragging it down.
Another important feature of monthly monitoring of your credit is to avoid identity theft. Unfortunately identity theft is prevalent, and can happen to anybody. Without monitoring your credit score, you have no way of knowing if someone is (mis)using your credit.
Can I Afford It?
Many people would like to use a credit management company, but wonder if they can afford it. Would that money be better spent paying their bills with?
The answer is a question: can you afford not to?
If money is tight but you would still like to ensure a good credit rating, then considering using my FICO promotional code.
My MyFico Promotional Code will give you a discount off of credit management services, to make monitoring your credit something that is affordable for you.
In order to guarantee that you will have credit available when it comes time to buy a home or a new car, you need to start now. A credit score must be actively worked on to ensure a good rating.
Maintaining a Good Credit Score
To maintain a solid credit score you need to pay all your bills on time, keep you credit utilization low (the amount of credit available on your balance vs. how much you use), and keep your credit history long by not opening and closing new accounts regularly.
Doing the above three things sounds easy, but easier said than done. For most people, keeping up with these figures is a chore and a difficult one at that. It is important though.
If you need help managing your credit score, you are not alone. Millions of people across the United States are now using credit management companies.
Credit Management
When you use a credit management company they send you a monthly update on your credit score. This helps you to fix any missed payments that you may have forgotten. It will also help you determine the best way to consolidate credit (if needed), as it will tell you which lines of credit are boosting your score and which ones are dragging it down.
Another important feature of monthly monitoring of your credit is to avoid identity theft. Unfortunately identity theft is prevalent, and can happen to anybody. Without monitoring your credit score, you have no way of knowing if someone is (mis)using your credit.
Can I Afford It?
Many people would like to use a credit management company, but wonder if they can afford it. Would that money be better spent paying their bills with?
The answer is a question: can you afford not to?
If money is tight but you would still like to ensure a good credit rating, then considering using my FICO promotional code.
My MyFico Promotional Code will give you a discount off of credit management services, to make monitoring your credit something that is affordable for you.
