When you sign up for a new credit card, do you choose that card based on your credit score? If not, it’s time to rethink the way you are selecting which credit card offers to complete. Choosing the right credit card with the right benefits based on your credit score is not only the smart thing to do – it’s also the only way that you should select a new credit card.
Why should you select your credit cards based on your credit score?
Unless you have excellent credit and can reasonably expect to be approved for any credit card offer that you’re interested in, choosing your credit card based on your credit score is one of the best ways to ensure that you meet the qualifications for a particular credit card,. and let’s face it, if you won’t qualify for certain cards based on your current credit score, aren’t you wasting your time by completing the offer? Why be disappointed? Give yourself the best chance for success by knowing your credit score before you apply, and then, only apply for those credit cards you are likely to actually get!
Where’s the best place to get your credit score?
Although there are tons of “free” places online where they promise to give you your credit score for free, your safest, best bet is to actually sign up for one of the companies that monitor your credit and give you free access to your credit report any time you request it!
Even better, the paid services actually send you emails whenever there’s any activity on your credit report, and trust me, if you’re serious about protecting your credit score, you need the paid service.
What are the current credit score ranges?
Credit scores and the regulations pertaining to them have actually changed a bit in the past couple of years – things that used to make a difference in your credit score now account for less (certain medical bills, for example), the specified ranges also vary, and even more importantly, your credit score can actually vary significantly from one credit bureau to another.
However, with that in mind, here are the general guidelines for each type of credit:
Already know your credit score? Simply click on one of the above links to see the most current offers for you!