Don't be Blindsided -- Know Your Credit Score!
When making a major purchase on credit, your credit score is most probably the most important piece of information that the prospective creditor looks at.
Do you know what your credit score is?
A credit score is fluid -- it changes along with financial events in your life and the passage of time. At the very least, you should check your credit score once a year.
The leading provider of credit scores is Fair, Isaac and Company. Their score, known as a FICO score, is an industry standard. It is so easy and inexpensive to find your own credit score. For $19.95, you can get your credit score at www.myfico.com. It's quick and easy.
FICO credit scores range from 300 to 850. A minimum score of 620 is required for most home mortgage products.
By monitoring your credit score, as well as your credit reports, you can see if errors have been made, or a fraud perpetrated against you. Better to fix now rather than later!
Don't wait until you need credit to know your credit score! Forewarned is forearmed -- Check your credit score today!
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