The Easiest Way to Improve Your Credit

Happy New Year!

I don’t know about you, but one of the New Year’s resolutions that I make each and every year is to improve my personal financial situation… be that to increase the amount of money in my savings account, pay off a few bills, or to improve my credit score so that I can buy that new car I’ve been thinking about.

What about you?  What are your financial goals for this year?

If you’re like a lot of people these days, you may have had a financial setback or two in the past few years that may have impacted your credit score, and in so doing, may have affected your buying power or even your ability to get that great new job you’ve been considering.

Do you know your credit score?

You’d be amazed at the number of people who actually don’t know their credit score!  Maybe they’ve never taken the time to check their credit, learn how to read their score, or how to improve it.  Or, even worse, if they’ve had a serious setback, they may even be afraid to look at their credit score.  If that’s you, relax.  You’re not alone.  There was a time when I didn’t want to look at my credit score, too… I’d just changed jobs, moved halfway across the country, and made some serious financial mistakes.  And my credit score took a HUGE hit.  For years, I avoided even looking at my score, much less trying to figure out how to improve it.  But the turning point came when I had to buy a new car and my score wouldn’t qualify me even for a high interest rate on that new car.  Instead, I had to settle for a used car with an even higher interest rate!  It was right then and there that I decided it would never happen again.

How did I improve my credit score?

Well, first and foremost, I made the decision not just to actually KNOW my credit score, but to continuously monitor my score, and to do everything that I could to improve my score… before I HAD to buy anything else.  And the first step to improving my score?  I requested my full, complete credit report and then, I learned to read and understand it.

What about you?  Are you ready to know your credit score, to work to improve it, and meet your financial goals this year?