In my opinion credit is very important. If you have purchased a car,a home, applied for a loan, or you are thinking about doing so, you should know that the first thing the lender checks is your credit. Basically your credit gives the lender a snapshot of how well you payback others. How creditworthy are you? If you have bad credit or no credit at all the possibilities of getting a loan or approved for anything is very slim in most cases. Now lets say you got in a bind and where unable to make payments on a loan and fell behind and watched hopelessly as your credit score plummeted to the ground faster than Wiley Coyote falling off a cliff. I know how horrible this is because I have been there and experienced it first hand. Now climbing back up that cliff can be a little harder and may take more time, but it can be done! I hope that this blog can help you and give you more information on ways to improve your credit, and for those who are just starting out on your credit journey I hope that this helps you as well.
No comments:
Post a Comment