You Know Everything About Credit...

But Do You Really?

What Is Credit?

It is the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. This is important to have in case you want to buy a house, car, or even get a loan. Business' will be weary to give you a loan or anything if you have zero to bad credit


Hmmm credit score??

A credit score is a three digit number calculated from your data-richcredit report and is one factor used by lenders to determine your creditworthiness for a mortgage, loan or credit card. Your score can affect whether or not you are approved as well as what interest rate you are charged. It is important to know your score for loans and interest.

Good/Bad credit score...

Credit score is all about the numbers, and how high or low they are. For example: bad credit scores are 630 and below, average scores are 630-689, and good credit scores are 690-712

Improving your credit score

Take These Steps to Improve Your Credit Score

  • Pay your bills on time. Delinquent payments and collections can have a major negative impact on a credit score.
  • Keep balances low on credit cards and other "revolving credit." ...
  • Apply for and open new credit accounts only as needed. ...
  • Pay off debt rather than moving it around

How to keep a good credit score you ask?

Pay your bills on time, every time. Don’t get close to your credit limit. A long credit history will help your score. Only apply for credit that you need.


  • If you close some credit card accounts and put most or all of your credit card balances onto one card, it may hurt your credit score if this means that you are using a high percentage of your total credit limit.
  • Check your credit report regularly and make sure the information in your credit reports is correct. to get a free copy of your credit report from the nationwide credit reporting companies. You can receive a free credit report from each of the big nationwide credit reporting companies once every 12 months.
  • If you have a problem with credit reporting, you can submit a complaint with the CFPB online.
How to Keep a Good Credit Score