Wednesday, June 26, 2013

The Importance Of Having A High Credit Score

In today's economy due to the recession and current credit crunch, you have to be on your game, when it comes to credit.  Just average or above average is not cutting it any more.  This post, that goes along with the video that can be seen on "Youtube.com/itsmapps" or itsmapps.blogspot.com will explain the The Importance Of Having A High Credit Score.

Now it may not happen now or even years from now, but some way or the other your going to have your credit ran by some kind of credit or company.  Now of days even more and more jobs are requiring a credit pull be done.  I've known many people that have lived most of there life paying cash for everything but eventually ended up having to get a credit check done for either a job or even for a rental car.

I say this to say this is where having a high credit score comes in.  The benefits of having a having a high credit score are really simple to see. Lets take for example two brothers Yes Mapps & Its mapps.  Its mapps has a great 760 credit score due to good payment history, keeping his utilization low at all times, and paying off his balances in full every month; unlike Yes mapps; he has a 610 credit score due to his lack of paying his credit cards late, and having his cards maxed out.  Both brothers go to apply for a auto loan and Its Mapps not only gets the car he wants brand new off the lot. but he doesn't have to put a down payment down at all, and he gets no payments free for the first month, but Yes Mapps has to settle for something he doesn't want, has to put a large $5,000 down payment down and also gets a high interest rate of 21%.  Get the drift, this is the same concept with any other purchase your looking to finance, home, furniture, personal loan, or even if your just looking to get a credit card.

Having a not so good credit score can be the reason why you get declined for an apartment, a job, or or even a rental car, such as Hertz.  So try your best to keep your credit in line with the tips, tricks, and help that we are giving to you, good credit hunting.

www.itsmapps.com
www.itsmapps.blogspot.com
Mapps Clothing
The Come-Up Compilation Ebook:
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Blue Mitzi


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