Start Consolidating finances marriage

Consolidating finances marriage

We’ll show you how to use your credit effectively in order to score well. Thanks you for your help.* Mike makes sense of how to make a start in taking control of your finances - and not just the credit score material. I have moved my score from the mid-500s a year ago, to just-about-to-break 700 as I write.

The content on the site and in CSP products is created by Mike Roberts and a team of subject matter experts.

Yes, in order to have the highest possible score, you have to actually plan out a strategy that the credit scoring model views as low risk. An old lien and old collections my ex was responsible for.

This means having the right number of credit cards and mix of credit types. With this process, I have cleaned up my credit, raised my credit score from 556 to 657 and I am now about to close on my first house ever. Getting rid of these helped raise my score and helped me get a new car.

Over that time, we have received many tens of thousands of blog comments and support emails from visitors to this site.

Because of this, we have an in depth understanding of the variety of problems that you may be facing with your credit.

If your credit score isn’t excellent then you will pay a huge penalty on a mortgage, refinance, auto loan, credit cards, or any other type of loan. That’s money paid out to lenders that you could use to live a better life – take more vacations, cover college education costs for your children, live in a bigger house, drive a nicer car, or invest the savings for retirement.

And it’s even worse if you have bad credit, considered by lenders to be anything below 620.

When you understand the 5 factors that are used to determine your score, you are able to begin working on each to improve your score.* Most people with great credit have no idea how it got that way.