They will soon find out
the importance of a high credit score and have to decide whether they should apply for student loans or not.
Not exact matches
The
importance of recent
credit activity in
scoring comes from research showing that not only is low utilization an indicator
of lower risk, but maintaining low utilization while continuing to use
credit responsibly — as opposed to paying off debt and putting the cards away — can be an indicator
of even lower future risk and lead to a slightly
higher score.
As such, we understand the
importance of having good
credit and having
high credit score that can be used to help you save money and make your financial life a little easier.
Due to the
importance of a
credit score, if you've had bouts
of bad
credit either due to mismanagement or through no fault
of your own, it is important to keep this number as
high as possible.
Do you have a
high school or college student that you would like to teach the
importance of credit and how to establish and maintain good
credit scores?
ICFE CCRSs ™ provide a valuable service by helping to educate their individual clients and small business owners on the
importance of maintaining a good rating, correcting mistakes in
credit files ASAP, keep
high credit scores and protect their personal information from criminals.
ICFE CCRRs ® provide a valuable service by helping to educate their individual clients and small business owners on the
importance of maintaining a good rating,
high credit scores and protect their personal information from criminals.