As you plan and set financial goals, many of those goals may require you to use credit to achieve them. However, the credit limits, rates and loans granted are not the same for everyone. Understanding your credit score is important to get the best rates and approvals needed to realize your dreams.
A high credit score can open doors to better credit terms, lower payments and interest rates and other opportunities. It can often save you money in the long term. Lower credit scores limit opportunities, often increase interest rates and may prevent you from obtaining loans.
[Read more…] about Understanding Your Credit Score and How to Build Good Credit