You should always be aware of your credit score and consistently work to keep it high. If you have a 750 or 800 score, you should check on it at least once a year just to make sure there are not any problems.
If you don’t have a 750 or higher credit score, you should probably be working on it more diligently. You can get a free credit report from each agency once per year if you request is yourself. So, why not see what is on it?
If you are under 650 on your credit score, you’ll need even more work.
Under 550? Stop reading and get some help to Raise Your Credit Score!
I had a client respond recently that his credit score was under 600, but “it’s OK, I’ll work on it when I’m ready to get a loan”.
Don’t do that! Your credit score is either high when you need it or it’s TOO LATE! Work on it while you have the time, before you need it. Don’t wait until you need it, when you are applying for a loan!
Here is an article about Credit Score Improvement and the do it yourself or do it for me question:
Can I Improve My Credit Score Myself?
You owe it to yourself to work on your credit score, or at least KNOW that it is good.
Don’t set yourself up for surprises when you really need it … like the guy that found out his score was too low when he was applying for a job and couldn’t get the required security clearance because of his credit score.
Wow! Not getting a loan is plenty bad enough. Not getting a job is even more painful.
