If you are looking to make a large purchase or you are applying for a job, a high credit score may give you an advantage. It not only helps you secure a lower interest rate and save money over the life of your loans, it also demonstrates to lenders and potential employers that you are financially responsible, and likely responsible in other areas of your life. Financial institutions and employers put their trust in this score and are more inclined to trust if you are a low risk candidate.
Great credit is within reach if you follow these timeless tips.
Always pay your bills on time. This simple act each month will build great financial habits that will pay off over the long run.
Keep your balances low. Credit issuers often report your balance to…