Your FICO score follows you for life - about free credit reports
Well...did you guess it?
Its NOT your Social Security Number....
This NUMBER is SO VERY IMPORTANT--that if yours is low.. You WONT get...
a.) a cell phone turned on in your name
b.) a Paypal Debit card
c.) a Favorable interest rate for that new house
as a matter of fact--that "NUMBER" just tweeked 30-40 points can COST YOU
over $500.00 MORE per month on a $250k mortgage..
Well-- you guess it yet??
RIGHT-- your Credit Score--who KNOWS theirs???
--U.S. Statistics show that LESS than 2% of Americans actually KNOW their Credit Scores, OR how to get one...
-- Did you also KNOW that even though you may have a $1,000 credit limit on that Visa card--that "if" you ever use more than $250-$300-- your SCORE DROPS dramatically??? (25-30% of your credit line is called Utilization)..
--Did you know that we ARE in a RECESSION--and that the Creditors are actually Pulling back credit Lines these days??
--ESPECIALLY--if your "score" is lowered??
WHAT CAN YOU DO ABOUT IT??
--WELL--Aspkin has an Answer coming soon-----
Stay Tuned.. AND ..
Please comment- on your OWN experiences...
--How much AVAILABLE credit do YOU have?
--What was the last credit limit your bank gave you?
--Why is it--some folks get a $1500 credit card and folks at the SAME workplace. making the same money get a crd with a $10,000 credit line?
--you NEED credit for just about EVERYTHING..
--Do you know that even Hospitals, are working on a MEDFICO score? IN order to determine how much treatment/services you get???
--STAY TUNED....
__________________ Always.. Be the BEST you can Be, at Whatever you do! Be Part of the Solution, rather than Part of the Problem. |