Having a better credit score not only represents easier access to money from lending institutions, but more importantly represents instant money in your pocket. This probably sounds like something obvious for most of people, but it isn? until you start thinking in terms of real examples and real dollars that most of us start to understand the magnitude of the benefits associated with a good credit score.

For example, let? say that John, with a credit score of 640 wants to buy a house with a 20% down payment. At the same time, Terri who has a credit score of 720 wants to buy the same house

with 20% down also. Did you know that John, will be paying $108,600 more than Terri for the same exactly house? (assuming a $200,000 sale price with a 30 year mortgage). People with credit scores of 720 and higher are more likely to retire younger and wealthier, because they will have to pay less money to acquire goods like their home, cars, etc; than someone with lower credit score.

Getting a credit score of 720 is not as difficult as credit institutions make it sound. There are proven techniques and guides that can help you achieve that goal. Copyright? 2005 Excellentcreditnow. com All Rights ReservedCarmen Shearer is the President and CEO of S&S Financial Services.

She has worked in the finance arena for over 10 years and holds two engineering degrees and an MBA from a branch of Harvard Business School. S&S Financial Services offers you credit repair tools and information with a lifetime guarantee. For more credit related information go to: http://www. excellentcreditnow. com

Author:
Carmen Shearer