Monday, July 15, 2013

Credit Scores Matter

You probably already know that you have a credit score, and you probably already know that this credit score is used to make a number of decisions regarding your finances. While you might not be aware of what your actual credit score is, you should understand the major impact that score can have on your life. If your credit score is bad, you may have to pay higher prices for car insurance. You may also have trouble securing any kind of credit or financing, and bad credit scores can even make you ineligible for certain jobs and opportunities.

Knowledge is power, so the first step is to know what your credit score is. You can get your credit score for free online—any reputable tax advisor can show you how. A good tax advisor can also help you to understand your credit score and whether it’s good, bad, or average. And, in addition to providing regular tax help, an accountant can also help you to develop an easy-to-follow, workable plan for improving your credit score a little at a time.

If you think your credit score might be negatively affecting you or if you’re just curious to see what your credit score is, contact Susan S. Lewis, Ltd. in Naperville.
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