What Is Considered A Good Credit Score

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Do you want to know What is considered a good credit score? Consider that your score can affect many aspects of your life. For instance:

Mortgage lenders use the number to determine whether you get a home loan and at what rate. Knowing what is considered a good credit score can shave hundreds of dollars off your home payment each month.

If you are renting, not buying, your credit score is still important because landlords run your credit report before deciding whether to lease to you.

There is an unexplained correlation between good credit scores and low claims on insurance policies. So, insurance companies are increasingly pulling credit reports to decide who to insure.

If you want to get a cell phone, you need to know what is considered a good credit score before you talk to the people at that kiosk in the mall.

Finally, if you are considering changing jobs, you should know that many employers are now pulling credit records before making a new hire. They assume that someone who is responsible with their money will be responsible on the job.

Given all of the reasons to have a high number, what is considered a good credit...

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