What’s A Good Credit Score And Why You Should Care
credit score information is somewhat of a mysterious commodity. It’s interesting that the average person doesn’t understand how it works. For example, do you know when you first started to build credit? The first thing I applied for was a gas card when I was 18 years old. This began the process for me.
Down the road I acquired a credit card. Since I paid it off every month, my credit began to build. Then a few years later I purchased furniture, but couldn’t pay for it all at once. No problem! I didn’t have to. I had some established credit so they let me pay monthly installments. This is how credit works (and how you affect your credit score one way or the other).
Now I am buying a home. As you proceed forward in life, your credit builds. Well, that is of course unless you fail to pay […]
Original post by mikejohns