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Monitor and Improve Your Credit Score

For better or worse, your credit score is a direct reflection on your ability to manage your bills and most importantly determines at what rate lenders will loan you money.

Why Your Score Is Important

There are a lot of great deals and excellent loans out there, unfortunatly you need to have great credit to qualify for them. Here is a good breakdown of the FICO credit score process.

What Your Credit Score Means

There are many things you can do to bring your credit score up and qualify for the best rates:

Don't know your Score?
(valid credit scores range from 300 to 850)
650 Good
680 - 719 Credit Range

While not great, this is still a good position to be in and will most likely qualify you for most loans and leases. You may not get the absolute best interest rates given to those of the excellent rating group but you will be sure to secure competitive rates. Check your credit report to see if you may have too much revolving debt. Try to keep the amount of outstanding debt on credit cards to under 15% of your total credit limit.

Recommended Credit Services:
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