We are all aware of credit reports, in fact we can now avail of our reports annually for free from the 3 credit reporting agencies from http://annualcreditreport.com. We also have credit scores, have you checked yours lately? Credit score is the numerical translation of your credit history that lenders, insurers, employers, landlords and others can use, to decide whether you are worth doing business with or not. You can get your credit score at http://myfico.com.
Note that the higher your score, the better the financial arrangements you’ll be offered. If your score is low, be religious in paying bills on time, have at least one credit card that’s more than two years old, and don’t keep applying for additional credit cards, because part of the score is based on how often you open new accounts. A modest change in your score can make a big difference.