Checking your credit score is something that people don’t do often enough before heading out to make a purchase. Maybe they’ve assumed that their score is perfect or maybe they just don’t think it is that important. The truth is, your score changes monthly based on what you do with it. Just paying everything on time isn’t going to improve your score and you need to know where you stand before you head out to Don Vance Chrysler and try and get a loan for a car. No one wants to go and be disappointed.
This isn’t the only place you can check your score. Many banks now offer you your credit score when you have credit through them. Capital One is one place that updates your score weekly and gives you a calculator to help you see how to raise it. But there is another type of score that you can get which is just as helpful.
Banks like Chase and Discover have been giving out your FICO score. The FICO score combines everything at all 3 credit bureaus since each could be reporting something different. It is pretty accurate as well so don’t discount it.
Checking your score before using your credit can help you with making sure you aren’t cracking your budget.
Remember to check your score before heading out. It might save your some dough and time.