I can not stress enough as to how important it is to have a healthy credit score.  When clients walk through my door the first thing I ask them is how’s your credit score?

If you haven’t seen your credit score, you’re not alone.  Many clients don’t know their credit score.

During our initial consultation, we go over your complete credit report with you and as an added bonus, I’ll even teach you how to read it.

So, how can you make sure you have a great credit score?

Here are a few tips to get you started.

1. You need to have credit. It may be surprising – but your credit score goes up as more credit is available to you. We recommend at least two facilities: a credit card and a line of credit (or 2 credit cards)
2. You also have to pay your bills when they are due. That goes for your internet, cell phone and even parking tickets.
3.  It also helps to start as soon as possible. The longer you have a clean record of paying your credit card, loans or other credit facilities, the better your credit becomes.
4.  Finally, make sure to carry a low balance. One of the least known ways to hurt your credit is to have high utilization.

By having a good/healthy credit score you open doors to various products and ultimately more favourable interest rates.

Contact me today if you’re thinking of buying or refinancing or are concerned about your current financial situation and together we can work to getting you on the right path to financial freedom.