Good Credit Can Help You Save Money
Over your lifetime the cost of higher interest rates can really add up.
That’s money paid out to lenders that you could use to live a better life – take more vacations, cover college education costs for your children, live in a bigger house, drive a nicer car, or invest the savings for retirement.
And it’s even worse if you have bad credit, considered by lenders to be anything below 620. It’s extremely difficult to get a mortgage, car loan, or a credit card at all with a credit score below this mark.
Luckily there are steps you can take to improve your credit – and in many cases improvement can be seen relatively quickly3 when you have the right education to guide you.