There are a couple ways you can improve your credit score. You can either try to improve it yourself or you can go with a credit repair company. But, how do you even know exactly how good your credit is? You don’t want to have any unpleasant surprises when you try to apply for a loan, and if your credit isn’t that good, you will be stuck paying high interest. So, it is always good to know what your credit score is, and how to interpret that score so you will know how lenders and creditors will see you.
If you are good at monitoring your credit score, if something goes wrong, a mistake happens, or, heaven forbid, you fall victim to identity theft, hopefully you will be able to catch it right away because you will notice your credit score dropping. The sooner you catch these problems, or whatever problems that are causing your credit score to drop, the easier it will be to fix those problems.
Ok, so here is how you can tell exactly where you stand, at a glance, if you have your credit score; looking at the credit score chart. If your credit score is over 800, you have excellent credit. The highest you could go is about 850. Anywhere between 750-800 is very good. In fact, your credit score would still be so good, that lots of times you would be considered just as if your credit score was over 800 (lots of times the two categories are grouped together). If your credit score is 700-750, you still have good credit. In fact, lots of times, as long as you have a credit score of 720 or higher, that is considered “the best number” and you can qualify for low interest rates. Therefore, if you have a credit score of 720 or higher, there really is not any reason to try and “fix” it. A credit score of around 678-720 is considered average. You can get your credit score any time you want on-line.
Get your
