Monday, June 23, 2008

Money in the bank…

Your credit score can lower or raise your monthly payments on virtually every loan / debt / insurance obligation that you have.

Have you checked it lately? (Experian, Trans Union, and Equifax are the 3 major credit reporting agencies, and federal law allows you to get a free report from them once a year).

Potential employers often will consider your score when reviewing your credentials for a new position.

Most consider 850 as a perfect score.

Depending on the type of loan / debt / job that you have (or are seeking), a credit score in the 700’s will typically either save you money or help you procure that position you are seeking.

More later on how to raise your score.

Harvey Dorland

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