Is your credit score good? Mine should be fabulous shouldn’t it as a budget blogger but you know what. I absolutely have no clue if mine is any good or not. Whoops. I think It is certainly something I need to look into. I am going to be needing to borrow some money in the new year as my 12 year old car is really on it last legs (wheels?) and I don’t think I can hold out much longer.
I have been reading What is a credit Score a blog article over at Different Money this week and I was enlightened. I really had believed in lots of the myths around it such as:
Your credit history goes back forever – This isn’t true, your credit information is held on your credit report for six years
I also learned a few tips that can really help such as make sure you are registered on the electoral roll.
Do have a read if you need to know more about your credit score I think you will most definitely learn something new and it could make all the difference.
Have a little look at this fabulous infographic too that shows you 5 ways to get a better credit score. I am paying close attention to this!
Hope it helps you too.
Also no idea on my credit score not sure if thats a good or bad thing. Knowing way of increasing it though is handy and from the examples shown it should be good.