Monday, April 13, 2009

DECIPHERING CREDIT SCORE


This three digit number known as the credit score is so important in one’s life. Right from buying a car, house to paying insurance, we depend on credit for so many important things. The credit score has the power to determine whether one can do these things and how much it will cost.

Your credit report contains a history of how you’ve paid your bills, each account you have how much open credit you have, whether you are under debt and these factors will determine whether you’ll get a loan or you may get but end up paying more interest. Information like your tax liens, court judgments and bankruptcies is also available form the public records…..

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