credit repair
Added on Jun, 14 2008 at 4:20 PM by Sarah
One very important thing for all of us to keep in mind is the all powerful weight of the credit score. I don't know really what it says or how they figure out your worth in a three digit number but I do know that it's pretty important. We could actually spend our whole adult lives revolving around this number I mean it is that important. The money we make and spend or blow on absolutely nothing all factors in to the ability for us to buy homes and cars and all of those other blogs things we want later in life. That's why I have already gotten a few credit cards and just used them until the balance went up to the maximum and then stopped. Now i have no debt and about six cards with plenty of money available for whatever I may need. I recently got my free credit report and found out that my number was a 721 which is right about where I should be with so much student loan debt to my name. I didn't borrow any money in my parents' names so all of the last three years worth of schooling is in my name.
I was really actually pleased to see my credit report because I do want that house and the car. I want to be able to have financial freedom. I think that way too many college kids go through school and come out on the other side needing some degree of credit repair within a year or so. This is exactly the kind of thing I am trying to avoid by being super couscous with all of my assets. I have actually been investing a little bit of money from each of my biweekly paychecks in to some stocks. At the same time I pay off every dollars of interest that accrued on my student loan bills. This way I will have less to pay and more to pay with so I can manage my credit fairly quickly after I graduate. I don't want to get all up on my high horse or anything but I think I am doing the right thing.