When your credit score is in the low range, any credit card, loan, or purchase made on credit will carry a higher interest rate. Which means you pay additional money for each purchase that you make.
Utility service providers and cellular companies check your credit rating. Having a credit score which providers rate as good means that you are not required to submit a security deposit to secure service. Providers see you as high risk if your credit score is low, and will require a security deposit before approving an account for you.
Studies show that one in five people have an error on at least one of their credit reports. Erroneous information on your report(s) results in you having a lower credit score. This affects your ability to obtain credit, and the interest rate that you will receive; errors cost you money.
Many employers now check an applicant’s credit during the hiring process, especially government agencies and the financial industry. Poor credit can also prevent security clearances for jobs that require it. Poor credit can result in a rejected application.
Insurance companies check credit. If your credit score is poor, it will result in your paying higher premiums. This means that you pay more, for the same coverage, than a person with good credit.
Credit repair ensures that you have the highest possible credit score. Having a good credit score relieves you of the anxiety that comes with not knowing if an application will be approved because your credit is bad. A good credit score means that you can make that purchase or take advantage of a golden opportunity.
Repairing your credit results in a higher credit score. This means you can refinance your home mortgage at a lower interest rate or apply for a credit card and obtain approval with a lower interest rate.
There are so many beneficial reasons for ensuring that your credit score is as high as it can be!
and receive help from someone who has mastered the game, Angenett Curry!
