Credit Diva Blog

4 Reasons Having Good Credit Is Essential for All Ages

  • By Credit Diva of Dallas
  • 15 May, 2018
  • 0 Comments
Credit repair services in dallas

Whether you want to admit it or not, your credit score can have a significant impact on your life. We live in a world where we are dependent on credit to make purchases as well as decisions. Don't believe it? Here are some ways that having good credit can positively impact your life.

You can get a good job

According to Student Loan Hero, up to 47% of employers run credit checks on potential hires. Employers want to make sure the people they hire are financially responsible, people who show up to work on time, and people who will be a contributing member of the team. Employers especially check credit histories for jobs in the government and financial sectors.

You can get better interest rates

When you take out a loan, the banks check your credit to determine your interest rate. If your credit is poor, you're more likely to get stuck with a higher interest rate.

You can make big purchases

Do you dream of buying a house or a car? That may be difficult with poor credit. If the bank or lender sees that you have good credit, they are much more likely to approve you for a loan on such a big purchase.

You can save on monthly bills

Whether you know it or not, utility companies, insurance companies, and your housing lender all may check your credit history to determine how good you are at paying bills on time. All of these bills could be higher if you have bad credit.

According to a Consumer Federation of America survey conducted in 2016, only 53% of consumers knew that electric utilities may use credit scores. Only 66% knew that credit scores may be used by home insurers, 68% knew cellphone companies might reference scores, and 70% knew that landlords look at credit scores before renting. People are looking at your credit score, and it can impact things like your job, interest rates, purchases, and monthly bills.

If you have bad credit, check out the credit repair services in Dallas. The Dallas credit repair team will work with you on making your credit better so you can enjoy these things listed above. No matter what your current score is, Credit Diva of Dallas can help you.

If you are ready to start your credit repair journey, download our free checklist of steps you can start taking today to fix your credit. While it is great to have an option to boost your credit score fast if you need it, it is also smart to work on a long term solution to bring your credit score out of the low and into the high numbers that will increase your opportunities.

https://www.creditdivasebook.com/e-book

How Does a Late Payment Affect Your Credit Score?

By Credit Diva of Dallas 15 Apr, 2021 0 Comments

Having a credit card or loan requires careful budgeting and planning, so you can get it paid off responsibly. Installment loans, such as car loans, have a set amount you pay every month. This

Continue reading

How Does Applying for a New Credit Card Affect Your Credit Score?

By Credit Diva of Dallas 08 Apr, 2021 0 Comments

Your finances are much better off with a good credit score, so you want to make sure that you’re not doing too much damage by applying for new credit. When you put in an application for a card,

Continue reading

Credit Help: 10 Tips to Improve Your Credit Score in 2021

By Credit Diva of Dallas 01 Apr, 2021 0 Comments

So, you want more housing options. You want the ability to qualify for loans with low fees and low-interest rates.  You want insurance discounts and security deposit immunity on utilities. Working

Continue reading

Best Budgeting Apps To Help You Pay Down Debt In 2021!

By Credit Diva of Dallas 25 Mar, 2021 0 Comments

With the new year already in full swing, it’s an ideal time to take a look at how you can pay down those debts. Maybe this was one of your new year’s resolutions. Even if it wasn’t, most people

Continue reading