Something Else To Consider This Holiday Season, Keeping Your Credit Score Clean!

With the holidays approaching, it’s time I talk about finances.

Here are some basics. A credit score is a number representing the creditworthiness of a person, the likelihood that person will pay his or her debts.

Lenders, such as banks and credit card companies, use credit scores to evaluate the potential risk posed by lending money to consumers. Widespread use of credit scores has made credit more widely available and cheaper for consumers. And because a score does not consider race, sex or ethnicity, it is generally considered to be the most fair and objective underwriting tool available to lenders.

Straight up, I don’t use credit cards anymore. They’re the worst thing going. You can easily rack up hundreds, if not thousands of dollars that will ruin your life if you’re not careful. That’s why I just go cash only, and even then, I never carry more than $10 dollars on me. Extra money that would have go to the credit card companies now sit in my bank account.

If you’re in college, keeping your credit score clean is important if you want to get the job you want after graduating. That’s why if you’re thinking about a spending spree this holiday season, consider the consequences.

To find out what your credit score is, click this link for a free credit score.


About smoothjazzandmore

I'm a TV producer and an Internet radio broadcaster. I also write for my blogs (An Op-Ed Blog and a Football Blog) here at WordPress.
This entry was posted in Bad Credit, Credit cards, credit score, free credit score. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s