One thing that we are never taught in school is about credit scores and how much they really affect our lives. Coming out of high school I never really heard about them or knew what they were even though they were already deciding my life for me.
It was when I was out on my own living in an apartment and wanting to buy a car that I realized that there are these three little number that can really screw you up or really make life a little easier for you.
I grew up with one parent that always seem to want to get the most out of everything but in a sneaky way. It never sat well with me and I saw how it would always come back to bite them. Til this day they are still fighting the score battle.
I realized I wanted more in life and one day a house so I started to learn more about this whole score thing. Thanks to a lady at a credit union who was handling a car loan for me she quietly informed me that I needed to get a credit card. I never wanted one because I saw what trouble they caused for my parents. I was determined I would never put myself in that position. When she told me my credit issue was because I didn't have any credit history I decided to break down and get one.
I haven't looked back since. I found a great card and I made sure everything was paid on time. Within 1 year I had my score decent enough to buy my first home at 47 years old.
Today, being 3 years later I have been determined to get my score in the excellent range. Now I often check my credit score on CreditKarma.com so I knew exactly where I was. So I went to my bank last night to get a small personal loan. I was prepared with all my scores and my pay stubs as I felt confident I could get this loan. However, when they went to run my credit it was even higher! Usually I hear it's a little bit lower so I was amazed when he told me my score was 783! 800 here I come! I can truly say I'm so proud of myself.
Now I am trying to help my sister and my niece and nephews with how important this is and how to improve their scores. How many of you knew what to do? How important is this to you? Do you monitor it as closely as I do? I wonder if I've become obsessed. hahaha