How to Botch Up, Then Peddle Back to Good Credit

December 23rd, 2009 admin

By Little House As a young adult, I thought I had a firm grasp on being financially responsible. At the tender age of 18, I moved out of my parent’s house to live on my own. I couldn’t wait to become an adult with adult responsibilities. I had the basic understanding that I had to pay my bills on time, and I made sure that I was always employed. But I never really understood my credit score, or how the credit agencies calculated that elusive number, or even why it was important to build a good score. This misunderstanding led me to make some irresponsible decisions that took many years to correct. To be quite honest, those mistakes of yesteryear…


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