Tag: credit rate

8 Steps to a better credit score!

Hopefully after last week’s blog you went online and ordered your credit report through www.annualcreditreport.com. Did you also go to www.myfico.com and order your credit score based on the FICO model? If you’re FICO score is below 650, you’re paying more for personal insurance than someone who with a higher score. How much more? According to an article in the Dallas Morning News on April 1, people with low credit scores are paying as much as 42% more for their home insurance and 15% to 46% more for their car insurance.

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