All homeowners know just how important it is the have a good credit score. You may wonder how much of an impact your credit score can have on your life. For example, a good credit score will mean you qualify for the best loans, rates and terms, and thus, will save money gradually through reduced rates over the lifespan of a loan. As the Director of Consumer Education Gerri Deweiler sums up about credit score: “An excellent credit score equals money in your pocket.”
A credit score of 620 and below for example, would mean that the person looking to borrow would be categorized as a “sub-prime” borrower, whereas a credit score of 720 would mean that the borrow would be eligible for more favorable loan conditions.
Here are some easy-to-apply tips: Continue reading "Credit Repair Tips f"