Do You Have a Good Credit Score? Easy Steps to Boost It.

We all want that excellent credit status. Good credit is a big deal and can make a big difference in saving you money on things like interest rates.

Other examples could be, 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. If

If you are trying to improve your credit score, it’s essential to know what a good credit score is and the steps to getting one.

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.

.

What is a Good Credit Score

With something as important as credit, you’ll want to know what precisely good means. Thankfully, the answer to “what is a good credit score” is made transparent by FICO. Your credit score is a number in the range from 300 to 850

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.

Understanding “what is a good credit score” is the first step toward improving it. Here are three tangible steps to help you improve your score.

How To Improve Your Score

Click below to read more on do you have a good credit score.

Click below  for more Frugal Mommas Articles to save you money