Your Credit Score

Know Your Credit Score

This is some valuable information whether you are getting a home loan or a simple cell phone account. Your credit history and your credit score makes all the difference in the world.
It's not your social security number, your phone number, or your birth date. While most of us don't know this number, it essentially dictates your finances. This number is your credit score. A credit score number is a number that lenders use to help them decide "if I give this person a loan or credit card, how likely is it that I'll be paid back on time?" Also, called a credit risk score, this number is a statistical measure of the risk that you'll be able to repay the debt as agreed.If you're planning on making a major purchase, taking out a loan, or applying for a credit card, you're going to need a good credit rating.

To check your credit rating you may go to one of the following web sites or call:
Equifax: www.equifax.com or 1-800-685-1111
Trans Union: www.transunion.com or 1-877-322-8228
Experian: www.experian.com or or 1-888-397-3742

Buffini & Co.