Your credit score paints a picture of your current financial status and acts as an indicator of your financial health, making it crucial to know your number.
Do you know YOUR number? Your credit score paints a picture of your current financial status and acts as an indicator of your financial health for potential lenders. It takes into account your amount owed, credit, length of credit history, credit mix, and payment history. Everyone should know their credit score, but many people avoid it because they fear bad news. Here’s what’s important to remember, though: knowing your number puts you in the driver’s seat. Even if your credit score is lower than you’d like, facing the reality of it head-on is empowering and can lead you to make positive incremental change.
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