Why Your Credit Score Is Not Just a Number

“It’s just a number!” you’ll often hear people say dismissively about their credit score. 

Yet, as you might have experienced already, your credit score can seriously affect your quality of life.

Whether it’s buying a home, renting an apartment, or even getting a job promotion (yes, they check your credit score for that, too!) this little number can have a whole lot of impact.

Not only is a good credit score crucial to growing your assets and building wealth, it’s also being used more and more frequently as a judge of character.

When it comes to a job promotion, for example, your credit score is a reflection of your habits and self-discipline.

Depending on the type of job, some employers will use this number to make a snap judgment about your character and base their decision on who gets promoted and who doesn’t.

If you’re self-employed, your personal credit score is always going to impact what type of business loan you’re able to get as well. 

Job promotions, business success, and home ownership all have a huge impact on our quality of life. 

That’s why paying attention to your credit score now will continue to help you years down the road.

The most important thing to remember is to not be afraid to get help: whether your credit score is 400 or 700, there are always things you can do to improve it. 

There’s no need to be ashamed: wherever your starting point is, your credit score is fixable.

If you’re looking for personalized guidance on improving your credit score, look no further than our recent podcast guest, Claudia Cordova. Claudia has been helping people repair their credit for the past 18 years and is passionate about leveling up your credit score - minus the guilt. To get in touch with her team, just visit https://gtscredit.com/.

Thank you for reading this week’s blog post! We hope this information was helpful and gave you some insight into a topic not often talked about.

As always, if you’re interested in working with us in the upcoming tax year or know someone who is, just use the link down below to schedule your free discovery call with us today.

See you next week!

Warmly,

The Prominence Team

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