The world is yours if you have good credit. Having a good credit score makes it easy to finance a car and purchase a home. People with good credit are viewed as being more trustworthy, dependable, and responsible.
If you’re trying to purchase a new home or vehicle, you may be looking for ways to improve your credit score. Let’s discuss a few simple ways that you can increase your credit score.
What is a credit score? This may sound like a straightforward question but many of us really don’t fully understand credit scores. Sure, a credit score is a number used to signify our ability to repay debts but, do you know how a credit score is measured? Do you know how a FICO score is determined?
If you’re like the average consumer, the answer is no. Most of us understand the importance of having a good FICO score; however, if you’re looking to improve your credit it’s best to understand the components of a credit score.
Need Some Financial Advice?
Talk to Credit Counselor at: 844-837-3625
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