DOES YOUR CREDIT SCORE REALLY MATTER?

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DOES YOUR CREDIT SCORE REALLY MATTER?

Having good credit allows you to get good rates when taking out a loan, and can even help in areas you may not have considered, such as lower insurance rates. Your credit score also plays a part in whether you are able to rent an apartment, or even get a phone. The key to a good score is to pay your bills on time, and keep low balances on revolving accounts such as credit cards. It is also a good idea to limit the number of credit cards you have, and check your credit at least once a year. You do have the right to challenge derogatory information on your report, and keeping track of what is on your credit report will also alert you to suspicious activity or possible identify theft.

For more information, contact us online today www.hostylaw.com or by calling the office at (405) 235-4040.