It seems like everything runs on credit these days. That is why it has become so important to keep an extremely close eye on your credit score. Your credit score is one of your biggest assets and can help you purchase many of the big things in life such as houses, cars, boats and more. This article will outline why it’s important to monitor credit and some of the tools out there that do it for you.
Many people have no idea what their credit score is. This is never a good thing because something could be wrong with your credit report and you would never know about it. It is wise to check your credit report at least every six months and to monitor your credit score on a month-to-month basis.
Did you know that many employment agencies and businesses check your credit when you apply for a job? This is because credit is often a great sign of how responsible someone is. If you have a good credit score, you are much more likely to get hired.
My Credit Keeper is one of the most popular tools on the market for monitoring credit. With My Credit Keeper, you will get a report from the top three credit reporting agencies. These reports are available online 24/7 and have all of the history of your credit, including recent credit inquiries. They also have a powerful credit score monitoring system that allows you to not only keep a close eye on your score, but you can also compare your scores against the national averages.
My Credit Keeper has stayed caught up with the most cutting edge technology and they now allow you to monitor your credit on your smartphone. This means that you can monitor your credit from anywhere just by jumping on your smartphone. My Credit Keeper is just one of the few credit monitoring services available, but they come highly recommended for anyone that cares about their credit score.
When monitoring your credit score, it’s very important to set goals. For example, if you have a 50% debt to credit ration, then your goal should be to pay that down until it’s at least 30%. Thirty percent is right where the credit agencies want you to be. Other good goals include, making sure you make your payments on time every month, as well as, calling your credit card companies every six months to ask for improved credit limits and lower APR rate. Remember good credit is a marathon, not a sprint and setting goals will make it so you have one of the best credit scores out there.
Now that you know how important credit monitoring is, it’s up to you to keep a close eye on your personal credit. Eventually you will have super good credit and be able to get the house, car, and job you have always wanted. All it takes is a few minutes a month to keep a close eye on your credit and make sure everything is going smoothly.