A good credit score is so valuable.  Credit is a way for lenders to know if you’re a reliable borrower.  The higher your credit score, the more you’ll be able to qualify for a loan – and, get a lower interest rate on your loan. A lower interest rate means lower monthly payments – and this can potentially save you hundreds of dollars each year.

So, how does one earn a HIGH credit score to benefit from all the lower interest rates and loan qualifications?  Just THREE easy steps:

  1. Keep your credit card balance low – preferably less than 30 percent of your credit limit.
  2. Pay your credit card balance in full every month.
  3. Pay all your bills on time!  Timely payment of your bills has a huge positive effect on your credit score.

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