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Article: TIPS TO BOOST THREE KEY DIGITS -- YOUR CREDIT SCORE.(MoneyWise)
- Article from:
- The Cincinnati Post (Cincinnati, OH)
- Article date:
- May 22, 2007
CopyrightCOPYRIGHT 2007 The Cincinnati Post. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mary Hunt
If you are a legal adult U.S. resident, somewhere there is a three-digit number between 300 and 850 with your name on it. Your credit score measures your creditworthiness, which is the likelihood that you will pay your bills.
So why should you care what your credit score is? Liz Pulliam Weston, author of "Your Credit Score" (FT Press, 2007), says establishing good credit has never been as important as it is today.
You need a good score to get decent mortgage rates, to finance a car, to get a good job, rent an apartment and to find affordable insurance. The way you handle your money has been found to be a very good indicator for how you handle ...