How Your Credit Score Affects Your Life

 Wondering how (or if) this so-called thing called a “credit score” has any impact on your daily life? Unfortunately, credit scores are a very real thing that do indeed affect areas of your life and any changes you might wish to make. The benefits of a good credit score reach beyond simple debt. Read on to find out exactly what is up when your credit score is down.


A credit score affects your ability to qualify for a mortgage, therefore a house. You have a few different versions of credit scores that can be reviewed, but mortgage lenders tend to use an older version of the FICO Score. The ranges are mostly the same and, even if you qualify for the loan, you still will get a better deal on the interest rate by having a higher score. 


For more info about columbus tx credit repair please visit our website

Comments

Post a Comment

Popular posts from this blog

One of the Best Credit Repair Company in Columbus

 Credit repair Columbus refers to the process of improving a person's credit score by correcting errors, removing inaccurate information, and addressing negative items on their credit report. If you're looking to repair your credit, here are some steps you can take: Obtain a copy of your credit report: You can obtain a free copy of your credit report from each of the three credit bureaus (Equifax, Experian, and TransUnion) once a year. Review your report for any errors or inaccuracies. Dispute errors and inaccuracies: If you find any errors or inaccuracies on your credit report, dispute them with the credit bureau that issued the report. You can do this online, by phone, or by mail. Pay off outstanding debts: Paying off any outstanding debts can help improve your credit score over time. Focus on paying off debts with high interest rates first. Establish positive credit history: You can improve your credit score by establishing positive credit history. This can be done by openi
Read more

Credit Tricks and Treats

  Don’t be haunted by a late payment. Consider setting up automatic payments (or even reminders) to ensure sure your payments are received on time. If you do miss a payment, try to make it as soon as possible to keep its past-due status from becoming spooktacular. The larger the sum of your outstanding balances, the bigger your credit utilization ratio. This has the potential of making your score face the consequences. Paying more than the minimum amount due should help reduce your utilization ratio and, bonus, save you money on interest. For more info about credit repair companies in columbus please visit our website
Read more

Balance Transfers: Good or Bad?

 If you’re wondering if shifting some dollar-dollar-bills around will hurt or help your credit, you’re not the only one with this wriggling question. Short answer: with some foresight and maneuvering, it can help your score.  Follow this link https://columbus.asapcreditrepairusa.com/
Read more