Comments on: The Smart Girl’s Guide to Credit Scores https://kalynbrooke.com/your-money/guide-to-credit-scores/ Systems and Strategies to Keep Your Life on Track Wed, 23 Mar 2022 03:44:37 +0000 hourly 1 https://wordpress.org/?v=6.0.3 By: Kalyn Brooke https://kalynbrooke.com/your-money/guide-to-credit-scores/#comment-72438 Fri, 10 Jun 2016 14:53:25 +0000 http://creativesavingsblog.com/?p=29504#comment-72438 In reply to Kathryn @ Making Your Money Matter.

Yes! We’ve turned down tenants with no credit and/or bad credit. Having them show us that they pay their bills on time just doesn’t work for us as landlords {as Dave suggests it would} because we don’t know if there is some financial skeleton out there that they are hiding. If there is one thing we have learned – tenants, and potential tenants, lie.

]]> By: Kalyn Brooke https://kalynbrooke.com/your-money/guide-to-credit-scores/#comment-72437 Fri, 10 Jun 2016 14:49:17 +0000 http://creativesavingsblog.com/?p=29504#comment-72437 In reply to Lindsey.

That had to be so frustrating for your sister! Having no credit {or bad credit} can make many potential opportunities harder to achieve.

]]> By: Lindsey https://kalynbrooke.com/your-money/guide-to-credit-scores/#comment-72419 Wed, 08 Jun 2016 17:58:59 +0000 http://creativesavingsblog.com/?p=29504#comment-72419 My sister went her entire life without a credit card (I don’t think she has one yet still) and when her and her husband were looking for a house, his terrible credit caused them to be denied! Since she had no credit at all, their combined score was greatly impacted! I have had a credit card open for two years, and I’m always sure it’s completed paid off before the due date. NEVER find yourself in the situation my sister did. Your credit score matters so much for everything.

]]> By: Kathryn @ Making Your Money Matter https://kalynbrooke.com/your-money/guide-to-credit-scores/#comment-72418 Wed, 08 Jun 2016 17:10:20 +0000 http://creativesavingsblog.com/?p=29504#comment-72418 I disagree with Dave on this as well. I’m currently in the process of screening tenants for a rental property and am definitely checking their credit reports and scores to determine whether I want to rent to them, just as you say that you do as well.
One additional time that your credit gets checked is when you apply for many professional jobs, most obviously in the financial industry but others as well.
I use my credit cards for everything and pay them off in full, but I can understand how for some people they may present a problem. In those cases I totally agree with your idea of just putting one category of items on their card each month and using autopay to make sure it gets paid in full each month.
I love that a lot of credit card companies give you your FICO score for free these days.
Great tips!

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