In the next month, I’m doing a series of podcasts for people who are interested in moving forward with their financial growth.
I know, 2020 is still crazy, but we must choose to move forward or we’ll get pulled under. I really believe that.
To answer the question in a nutshell, for most people, it is very important. The credit score is what lenders, landlords, car dealers, and insurance companies use to determine a person’s ability to repay the debt.
The higher the score, the more reliable the person is considered to be. Therefore, better terms or interest rates are offered.
Conversely, the lower the score the less reliable the person is considered to be and the terms offered are less favorable. A fair or lower score can result in thousands more paid over the lifetime in interest, premiums, etc.
The first show in the series is “Credit Score Warriors”. It will explain in greater detail the importance and the upkeep of the credit score.
It’s only 15 minutes long and you can listen anywhere. Here are the links to various show outlets:
If a better credit score is a current goal, grab a free 1 to 1 credit assessment session. It’s private and one decision could change your life (for the better!).