Your Credit Report
The word “report” can conjure up images of report cards, book reports.. enough to strike fear into the hearts of some and hesitation into the minds of others. Granted, there are those of us who thrive on gold stars, A-plusses and extra credit. While the reality is most of us fall somewhere in the middle. We want to do well. We don’t want to be judged too harshly. We just want to get by the best we possibly can.
It’s true that credit reports can be a little intimidating. But they’re kind of like your semi-permanent record when it comes to your money. So it’s important to be aware of your credit. Because good credit can go a long way towards helping you purchase things like a car or a home.
FREE Annual Credit Report
Click here to “check yourself” and get a FREE annual credit report. But before you click down that path, it might be helpful to read below for tips on how to better understand your report and what it means in real-terms.
What The Heck Does My Credit Rating Mean? (And Why Should I Care?)
Your credit score is one of several factors lenders use when evaluating your application for credit – like a car loan, for example. The most commonly used type of score is called a FICO score and ranges from 300 to 850 with a higher number meaning you are less of a risk to that lender, so that’s, well, good. Read more….
