How you can save your credit scores .

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What is credit ?

An accounting entry that either decreases assets or increases liabilities and equity on the company's balance sheet. On the company's income statement, a debit will reduce net income, while a credit will increase net income.

Bad Credit Habbits

-Maxing out Credit Cards .

-Only Paying the Minimum on Bills .

-And Paying Bills Late .

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Why is credit SO IMPORTANT ??

Your credit WILL follow you , it can also revoke many life changing opportunities in life. Like buying your dream house or buying your kids first car or even YOUR first car.
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Whats a Credit Score and Why should I Care About It ?

  1. The def is a number assigned to a person that indicates to lenders their capacity to repay a loan.

  2. It may not sound very important , but it can RUIN you .

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How can I Improve my credit score ?

Fixing bad credit

So you already a Good Credit Score . How DO YOU KEEP IT ??

  • Know what goes into a good credit score. The more you know about what goes into your credit score, the easier it will be to maintain a good one. Five key pieces of information are used to calculate your credit score – your payment history, level of debt, credit age, mix of credit, and recent credit.
  • Pay Your Bills On Time
  • Keep Your Credit Card Balances LOW.
  • Manage Your Debt
  • Don't Close Old Credit Cards.
  • Limit Your Applications For New Credit.
  • Check your Credit Report.
Photographer Surprises Father With Dream Car (1968 Camaro) For Christmas

Just One Advantage of Having Good Credit.