What is a Good Credit Score?

(and how to improve yours)

A good credit score can make a real difference in your financial life.

Credit scores help lenders determine a person's overall financial trustworthiness.

So what is considered a good credit score?

Above 670

But as your net worth improves, strive for a credit score as close as possible to 850.

You will qualify for the best interest rates, which will help you save money and reach your goals faster.

Are you wondering how to improve your credit score?

1.  Get a handle on your bill payments.

Make every payment on time.

2.  Don't use up all of your credit. 

If unable to pay off your credit card balance in full each month, keep the balance at 30% or less than the credit limit.

3.  Consider debt consolidation. 

It will allow you to focus on one payment and you could lower your interest rate.  Just be aware of consolidation fees.

Tap the link below for more information on credit scores.