Chapter 1 Conclusion

We’re not trying to give you guilt. We’re simply pointing out the places where you may be able to save substantial money, simply by paying attention to a few “little details.”

One way you can save serious money is by improving your credit score, since it’s directly related to how much you pay for credit. For instance, people with great credit scores (above 700) can pay tens of thousands of dollars less, over the life of a 30-year mortgage, than people with just okay credit scores.

And they can be related to other seemingly unrelated things, too, like your ability to get a job or even get insurance. That’s right. Insurance companies and even potential employers may check out your credit history to try and determine your level of personal stability.

Whether you have good credit or lousy credit, the first step is to find out what your credit score is. Then take the steps we recommend in this book to improve that score. Your wallet will feel the difference. So will you.

Next: Chapter 2 - The Mechanics of Credit Scores