A good credit score can make a real difference in your life, whether it’s getting a loan, buying a car, or renting an apartment.
And according to Forbes, a good credit score saves you about $35,000 per $100,000 you borrow for a mortgage.
This post will cover what affects your credit score, how to improve it, as well as the best way to check your score
A good credit score is a good thing to have as you make all your dreams come true and live full of abundance and love.
The Role Of Credit Scores In Life
Credit scores help lenders determine, at a fundamental level, whether or not to give a loan to an individual. According to Credit.com, credit scores “help lenders decide whether [a person] is a good risk.”
What is a Good Credit Score
Your credit score is a number in the range from 300 to 850, and Americans with a credit score above 670 have a “good” credit score.
What Affects Your Credit Score
Despite their importance, only 21% of Americans have a good credit score. So if you find yourself missing payments or in credit card debt due to keeping up with jones, it’s time to evaluate your spending.