Your Credit Rating plays a significant role in your Financial Health. Whether you have Bad Credit or Good Credit—really unless your score is above 800–you should always work on maximizing your score to the fullest potential.
Why 800? Because lenders don’t typically distinguish between scores in the “exceptional” range of 800 to the Perfect 850.
A perfect score is possible... in fact 1.6% of all FICO Scores in the U.S. have achieved their placement in this elite group.
While perfection is commendable, and will at the very least earn you some serious bragging rights, it’s unnecessary to stress achieving perfection.
What you really want to focus on are the benefits of raising your current score higher than it is today; and repeating into the future until you can simply maintain a credit profile that will benefit you with:
1 in 5 Americans have inaccurate information on at least one of their credit reports. Which could be affecting their rating by a surprising amount of points. A small fix that could be costing them tens of thousands of dollars in interest when financing large purchases.
Frigate Financial can assist you in making your credit score soar to enhance your financial health. Our consultations are always free with no obligation to you!