
More of us than ever know our credit scores. Just think of all the commercials you see and hear offering free credit reports. And though you likely know your number, you're probably still asking, “How high does my number have to be for a good credit score?”
Good question. Ask ten different credit experts, and you'll probably get ten different answers.
Some experts say 680 and above. Others say that if your credit score is 700 or above, you shouldn't worry about raising it, as lenders will see you the same as those who score 800.
More important than what a good credit score is, is how does your credit score affect your financial life. The uncertain lending landscape that has emerged in the wake of our latest financial crisis makes understanding your credit score vital - and even harder than ever.
One of the most immediate and eye-opening ways Freedom FastTrack clients benefit is from knowing where they are leaking cash and how to plug those leaks. And one of the biggest leaks is a low credit score tied to too-high interest rates and finance charges.
Knowing how credit scores are calculated, and using that knowledge to improve your score, can dramatically affect your monthly cash flow.
And it's one of the many life-changing things we teach and coach you through in Financial Freedom FastTrack. Learn more about how to find out how much of your monthly income you're probably wasting and how we can help you reclaim it.