With times being as rough as they are one of the most important things to keep abreast of is your financial stability and where you stand. In this country, and I’m not sure if this applies in others, you can be broke with a great credit score and have the world, where as someone rich with a poor one can not…unless they pay everything cash.
That means a lot – that little score or letter grade can determine a lot about what interest rate credit cards will give you, mortgages, auto loans, etc. A slight increase in a mortgage’s interest can mean a whole lotta cash in the long term.
