3 Powerful Little Digits Called CREDIT SCORE!
Now that you’ve begun harnessing your spending (Right???), and actually stirred up the nerve to check your Credit Score, What does it all Mean? That powerful little three-digit number will alert creditors to the level of risk they take in issuing you a credit card, a car, or furniture loan, and most importantly, your Rental lease or Mortgage loan. The question is not whether or not you will qualify for the loan or card, but “How much Interest or percentage of Finance Charge they get to require on your payback. Creditors believe that they only have to sell you on a Payment Plan, not an actual Cash Purchase. So, they cheerfully help you “AFFORD” Anything! CREDIT SCORE: Creditors will look at your Credit Score like you check the chapters of a book you want to purchase or list of songs on a CD, or preview to a movie: a reason to approve or deny your credit, or increase your interest rate. The higher the score, the lower risk (and interest rate) you will be assigned. Here is a basi