Posted on: May 26, 2016
A credit score of 740 vs. 690 will get you the following:
Increased credit card limits
You will be able to borrow more if you ask your banks for more credit. As always, be responsible about your credit.
Better mortgage rates
If you a prime credit score (above 730), you will get access to the best possible mortgage rates. This can add up on a 20-year mortgage loan.
Better credit card deals
It will be easier for you to get approved to credit cards with great perks such as:
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