Some people don’t really pay much attention to their credit score. As a new face to the workforce, many younger Millennials are probably living in an apartment or in housing near campus. For example, those who attended the University of Illinois are probably living in a Champaign apartment or still at home with the folks and just a few years in their career. It would seem like the last thing on your mind is your credit score, credit repair, or how to improve your credit score.
However, having a good credit score will make it easier to purchase a house, car, or qualify for lower interest rates with credit cards.
Best Way To Get Your Credit Score
My Discover It Credit Card provides me with my credit score every month on the monthly statement. If you wanted to sign up for the Discover It credit card and get your free FICO score monthly, you can to sign up with Discover It and get $50 just for being a reader of my blog!
Another option to get your credit score completely free with Credit Sesame.
What is a good credit score?
For a score with a range between 300-850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent. Most credit scores fall between 600 and 750.
What is a bad credit score?
A score from 650 to 700 is “fair”, and a score ranging from 300 to 649 is “bad.”