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Your Credit Score is a Big Deal - Monday, April 19, 2010 at 09:47
We certainly hope your credit score is a big number -- the higher the better. Your credit score is a big deal because it is a significant factor in approving or denying a loan application and in setting the interest rate and other loan terms. Also, the credit score is often used in getting a job or a promotion. In addition, insurance companies may use the score in determining insurance coverage premiums.
If you borrow wisely and are responsible with your debt obligations, a good credit score is likely. Making all payments on time and keeping credit card balances low are two very important factors for a good score. Other things that can help are to only apply for the credit you need and check your credit report for errors.

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The Thrift Credit Union
1230 Peachtree St NE
Suite 250
Atlanta, GA 30309

Atlanta: (404) 733-0640
Toll Free: 1-888-THRIFT-2
Fax: (404) 733-0645


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