Proper Care And Feeding Of Your Credit Score
The topic of what helps or hurts your credit is a hot one around these parts, but Get Rich Slowly is stepping into the fire with some info about what makes up a credit score and how to properly take care of it.
Questions about FICO scores are always landing in our inbox, so if you're confused, this might be a good post to read. —MEGHANN MARCO
Proper Care and Feeding of Your Credit Score [Get Rich Slowly]
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This is all I needed to read to know I was going to love this article:
"Your credit score is like a pet monster under the bed."
GREAT analogy. Gotta love Get Rich Slowly.
They are really serious about the debt you carry. I had a crazy month where I had to spend 2K more than normal. I recently changed apartments so they did a credit check on me. I knew my credit score score from April. My score dropped 30 points due to the extra debit this month (keep in mind I pay my credit card in full every month). It is a crazy system.