Pro-actively managing your credit score has a major impact on your future mortgage, HELOC and credit card rates. The overarching goal for all consumers is to reduce their cost of capital (aka. borrowing expenses) thus freeing up more of your personal budget for investing, tithing or reducing existing debt.
MyFICO.com is an excellent online resource for tracking your credit score, mitigating any unresolved credit glitches and ensuring you qualify for the most favoring lending terms. See MyFICO.com for details
Tuesday, May 19, 2009
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