Too much of them will indicate that you're an unreliable and inconsistent investment — not exactly the type of reputation you want while
seeking access to more credit.
Benefits of above average credit scores not only
mean access to more credit opportunities such as obtaining a mortgage or auto loan but also what interest rates you pay.
So there is a misconception that filing bankruptcy closes the door to new credit, whereas it can actually give a
consumer access to more credit, according to the study.
A strong credit score will help you
gain access to more credit, get lower rates on your mortgage, get approved for renting an apartment, buying insurance or purchasing a cell phone plan.
«I recently attended a workshop on financial literacy and learned that if I have
access to more credit, it will improve my credit score» — Vicki P supporting Austin Pets Alive
Smaller corrections have smaller impacts, but even so, fixing mistakes could give
you access to more credit at lower interest rates.
When you enter into one of these deals you often also receive a store card which will come in the mail and give
you access to more credit.