He thinks that a credit score is just an "I love debt" score, and that having no credit score is just as good as having a high one.
I disagree - many things depend on having a high credit score. For instance, many employers will pull your credit score as part of the application process. If they don't get this information, they may pull your application out of the file and into the trash!
(I was surprised that Crystal Paine of Money Saving Mom agreed with me on this! Check my review of her book, The Money Saving Mom's Budget.)
Here are four tips from Credit Sesame to keep your credit score high:
- Pay your bills on time, all the time -- every time.
- Watch your credit card balances, use as little of your available credit as possible and your credit score will thank you.
- Avoid credit card debt, only charge what you can comfortably afford to pay off at the end of each month.
- Maintain a good mix of credit including credit cards, auto loans, mortgage, etc., and manage them wisely.
Give Credit Sesame a try!
(This post may contain affiliate links. Please see my disclosure policy for more information.)