how essential is a credit score?
Post date: June 1st, 2011is a credit score still essential? in what sense? there are lot’s of advertisments saying "0% APR and after that is 8.9% for bad credits." and then whenever i check my yahoomail there is always an ad that says, ’sour credit? sweet card." there are also cars, loans, credit cards, mortgages, refinance that requires no downpayment plus good APR rates. how essential are credit scores nowadays?
- Tags: 0 apr, advertisments, apr rates, cars, credit cards, credit score, credit scores, downpayment, loans, mortgages, sweet card, yahoomail
June 1st, 2011 at 12:27 am
Good credit reports / scores help in many different ways – lower interest rates for credit cards, loans, etc., lower rates on insurance, a better chance at being approved for a job or rent house / apartment, not having to pay, or pay a lesser amount, of a down payment on utilities, etc., etc., etc.
Keep your information safe, never apply for credit through those offers you receive in your email or on clearinghouse types of credit sites. Those emails are spam, ignore them.
If you apply for credit cards online, only apply on the creditors website.
If you are looking for a car loan, mortgage, etc., deal with your bank or credit union.
June 1st, 2011 at 12:27 am
A good credit score is better than cash money.
June 1st, 2011 at 12:27 am
To find out specifically what you must do to raise your score, you can order your score report from all three national credit bureaus. In addition to your score<!–you’ll get your credit report, an indication of how your score ranks nationally and an explanation of how you can boost your standing.
http://badcredits.awardspace.com/creditscore.htm
In order to improve your credit score, it’s important to know where you stand currently. Despite all the media attention given to free credit reports–>you still have to pay to find out your credit score, the three-digit number ranging from 300 to 850 that is the key to your borrowing costs.