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Don’t believe these two myths when you’re trying to raise your credit score

Posted by Community Choice Credit Union on Dec 19, 2016 2:56:31 PM

Last week, we revealed the top two myths that are associated with building your credit and improving your score. Now, we’ve debunked two additional myths, as they can do more harm than good when trying to rebuild and maintain good credit. 

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Topics: Credit Score, Credit Report, credit, credit mix

Credit Scores 101: What's a good credit score and how to manage your score

Posted by Community Choice Credit Union on Sep 20, 2016 5:11:28 PM

A credit score of 720 or more is considered prime—this means you’re in good shape. Scores under 550 mean you could be turned down for a loan. Scores in the good-not-great range (550 to 720) might get you loan approval, but your interest rates will be higher than if you had a prime credit score. Nobody likes the idea of paying more money for no reason, so it makes sense to adopt credit habits that will boost your overall score.

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Topics: Credit Score, Personal Finance, credit, credit mix

Links to third party sites are not owned or operated by Community Choice Credit Union. We are offering the link for your convenience and have no responsibility for the availability, accuracy, or content of this website, its products or services. We encourage you to review their privacy and security policies which may differ from Community Choice Credit Union.

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