With credit scores, a little can go a long way.

posted under Credit Conservatory
Rating: 
15 Votes
Lost meJust okOn the fenceBig fanMust read
Thanks for voting! Thanks for voting!

If you’ve ever planned a large purchase, like a house or a car, you can’t help but worry about your credit score. Anyone that’s missed a payment or ran up a balance on their card knows that every plastic faux pas and impulse buy can send your score down a slippery slope. The hard part is no one ultimately understands the masterful math behind how your credit score (or FICO) is calculated. Bargaineering explains that even small improvements in your credit score can go a long way to reducing the interest rate you pay. We think your best bet is to start by: 1.) Pulling your free credit report every year and checking it for accuracy; 2.) Focusing on things you can do to improve your score like consistently making payments on time; and 3.) Better understanding how loan rates are affected by your score.

Tags: ,

Comments (5)

  1. ballsamic

    Yo Dee Rys,

    It is time to go back to school. Your grammer and spelling are atrocious! Also try completing your thoughts…

  2. Dee Rys

    Yes, I had been back for 2.5 year now,but, often use puns or funny spelling on purpose…Also, MSN programs make errors when doing advanced writing….they actually correct words that were originally correct and cause the error…that’s why WORD PERFECT & MOUSE.4000 will be the best in the near FUTURE>>>>>>>>>>>>>AHHHHHH

  3. ing ing

    ballsamic- how dare you tell dee rys to go back to school… you spelled GRAMMAR ( not grammEr) wrong.

  4. Joseph Gabriel

    I think talking about pulling your credit report every year and checking the little things on it go a long way towards adding points to your credit score.
    Also using only 15% of any credit card limit will boost the score quite a bit.
    Along with the usual like paying the bill on time.

  5. Loyd Ford

    Marketers want credit to rule over cash. Regular saving will help you prove to yourself and your family that CASH IS THE REAL KING. Help save your family. We can give you an edge and allow you to put more in ING DIRECT! How? Click on play and see this less-than-3-minute movie below. Then, you’ll know. http://www.xtranormal.com/watch/6006539

Leave a Comment

All fields marked with an asterisk (*) are required.