What's My Credit Score

 


Visitors: 261

Not many people know what a credit score is, and even fewer people know what a credit score can do for their future.

Even fewer people know that a credit score is what determines whether or not they can get credit from clothing companies, furniture companies, mortgage loans, automotive car companies and banks.

It is this simple if you keep asking “what is my credit score?” then you will have to do some research. There are two states a credit score can be in, you could either have a good credit score, which is good for you, and a bad credit score, which could lead to your name being grey listed, or even worse, black listed.

If your name is black listed you will have a hard time getting credit from anyone, so if you plan to buy a new home or a new car, it will be wise for you to keep track of your credit record and make sure you know what is your credit score.

Never Again Wonder What Is My Credit Score

To put it plainly, your average credit score is what determines your buying power and your buying future. Almost every company in the world looks at your credit score before they decide if they are going to give you credit or not.

Now if your have “not so good” credit and your name has been grey listed, there is still hope for you. Grey listed only means that you have missed a few payments to your credit account and many companies will forgive you for that.

However, if your name in on the dreaded and most hated black list, you will not ever get credit anywhere in the world for at least five years. So it is critical to stay on top of your credit score at all times, we all know that the whole process could be a bit daunting.

There are many accounts and financial advisors out there that will be glad to explain to you what a credit score is, how a credit score works and how you could keep your credit score at a very favorable rate.

They will also be happy to give your step to take in improving your credit score if you find that it is slipping a bit. So, make the smart choice, because if you do not, your credit score could land you in a lot of trouble.

If you are interested in getting your free credit report and credit score visit: What's My Credit Score .

(444)
Tags:
,

Article Source:


 
Rate this Article: 
 
The Advantages To Obtaining A Free Credit Report And Score - Verify Your Credit .
Rated 4 / 5
based on 5 votes
ArticleSlash

Related Articles:

How Can Credit Repair secrets raise your Credit Score on credit score scale?

by: Bhart Brij (November 18, 2009) 
(Finance/Credit)

Tips That Will Raise Credit Score by 100 Points Ways to Improve Your Credit ..

by: Tim Gorman (August 28, 2008) 
(Finance/Credit Tips)

2 Advanced Credit Score Repair Techniques Proven to Raise Your Credit Score Fast

by: Ian Hollander (July 24, 2008) 
(Finance/Credit Tips)

Credit Score: A Guide to Credit Scoring and Improving Your Credit Score

by: Vishy Dadsetan (November 06, 2005) 
(Finance/Credit)

Raising Credit Score 3 Ways to Improve Credit Score Fast

by: Paul Sarwana (July 16, 2008) 
(Finance/Credit Tips)

How I Turned a Credit Score of 538 into a Credit Score of 722

by: Thane Rutledge (August 23, 2007) 
(Finance/Credit)

How is Your Credit Score Calculated? Understanding Credit Report Score

by: Altaf Sahibzada (January 03, 2008) 
(Finance/Credit)

How to develop your credit score rating on credit score scale?

by: Bhart Brij (November 23, 2009) 
(Finance/Credit)

Understanding Your Credit Score Can Give Your Credit Score A Boost

by: Freddie Johnson (April 03, 2007) 
(Finance)

The Advantages To Obtaining A Free Credit Report And Score - Verify Your Credit .

by: Tim Gorman (March 29, 2008) 
(Finance/Credit)