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Text Content

CREDIT BUILDING CHECKLIST



7 Simple Tips to Build a Good Credit Score.


A GOOD SCORE IS YOUR TICKET FOR BETTER FINANCIAL OPPORTUNITIES

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*WE DO NOT SELL AND WILL NOT SELL YOUR INFORMATION.





WHY A GOOD CREDIT SCORE MATTERS?

Your credit score plays a pivotal role in various aspects of your financial
life. Here’s why it matters:

 1. Access to Better Deals:
    
    * A good credit score opens doors to favorable deals. You can secure lower
      interest rates on loans, get better terms on credit cards, and even pay
      less for insurance premiums. It’s like having a key to the best financial
      opportunities.

 2. Rental and Housing Opportunities:
    
    * Landlords often check credit scores when deciding who gets to rent their
      apartments. A good score increases your chances of getting that dream
      apartment or house.

 3. Cell Phone Plans and Utilities:
    
    * Providers consider credit scores when offering cell phone plans or
      utilities. A strong score means better plans and lower deposits.

 4. Savings Over a Lifetime:
    
    * Having good or excellent credit can lead to significant savings. For
      instance:
      
      * On a $350,000 mortgage, a credit score of 750+ could save you $86,065 in
        interest compared to a score of 630-689.
      
      * On a five-year, $41,000 auto loan, a score of 720+ could save you $3,251
        in interest compared to a score of 660-689.
      
      * On a three-year $10,000 personal loan, a score of 720+ could save you
        $885 in interest compared to a score of 630-689.

 5. Understanding How Credit Scores Work:
    
    * Credit scores are dynamic and change over time. Monitoring your scores
      helps you make informed financial decisions.

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