Student Debt and Credit Education Blog

Current events and opinions about student credit issues

The Importance of Your Credit Score

Posted in Credit by Little Miss Platinum

I’m sure you have heard about your credit score before.  If you’re like me, this probably is not playing a very important part of your college life.  When I was your-credit-scorein school a few years back, my credit score was probably the least of my worries.  Now, 3 years later, it is on my mind all the time.  I’ll explain why – first, ask yourself the following questions:

Do you plan on purchasing a home in the next 5-10 years?

Do you plan on purchasing a vehicle in the next 5-10 years?

Do you plan on landing a decent job?

Do you plan on renting an apartment?

If you answered yes to ANY of the above questions, guess what, your likley to need a good credit score.  With the recent economic changes in our country, it is now more important then ever.  Don’t hesitate, find out what your score is today, and aim to improve that by 100+ points by the time you graduate.  You will thank yourself – TRUST ME!

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108 Responses to “The Importance of Your Credit Score”

  1. Joe Uiagalelei says on December 8, 2009 at 5:07 pm:

    nice blog!!we sure need to be on top of these kind of thing because if we dnt then its gonna be a risk in the future

    Reply To This Comment
  2. Kevin says on December 9, 2009 at 4:31 pm:

    How can you recover from having bad credit?

    Reply To This Comment
    • Anet says on February 23, 2010 at 10:19 pm:

      1) Get a copy of your credit report, preferably all three (3), transunion, experian and equifax. See what's on there that has been paid and/or is not your debt, do not apply for any more credit cards, and if you have some, stop using them immediately. The best way to start is to get a copy of your credit report, so that you can see where your credit score is, then meet with a credit counselor (preferablly one that works for a not-for-profit) agency and see how they can help you redefine your credit and get back to life! Good luck Kevin

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  3. fatima says on December 11, 2009 at 1:12 am:

    wow! very helpful and awesome!

    Reply To This Comment
  4. Alina says on December 14, 2009 at 1:57 pm:

    Why don’t people stop spending money that they don’t have?

    Reply To This Comment
  5. Ashley says on January 24, 2010 at 4:47 pm:

    I’ve heard a lot about needing good credit score to apply for loans, buy cars, or a house, but not for a job. Interesting, thanks for the tip.

    Reply To This Comment
  6. Mstardom says on May 1, 2010 at 10:53 am:

    The are ways a person can improve his or her credit scores from all 3 credit reporting agencies; the article above really tells it like it is. It is either following what the article says or being frustrated for the rest of your life.

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