There are many benefits to have the great credit a clean credit report can bring.
You’ve worked hard, paid your bills on time, build a solid credit history and your
credit report shows that you are not a credit risk.
The hard work and diligence of a clean credit report provides you with benefits,
they are the rewards of good credit.
- Good Mortgage and Refinancing Rates. Lenders are more likely to extend
good rates to you for your home when you have a good score and a clean
credit history. Your high score and clean reports make you very desirable
to lenders, you look like a responsible borrower based on your clean credit
- Lower Interest Rates on Car Purchases and Leases. If you are looking to
purchase a car your clean credit and good score give you bargaining power
for a lower interest rate which means you will be saving yourself money.
- Excellent Credit Card Offers. You are credit savy and your clean credit and
good score demonstrate that. Now you get the best rewards cards with
attractive rates and great incentives for rewards. Keep to those smart
spending habits that helped you get your credit in shape.
- Increased Credit Card Limits. When you prove to creditors that you are
responsible and that you can handle more credit, you can request a credit
limit increase, or the credit card company may just increase your limit
automatically. Remember that the ratio of available credit to used credit
helps to improve your credit score. High limits and low balances are the key
to continually improved credit and scores.
Your clean credit is important, keep up the good work and continually manage your
credit to keep it clean and your credit scores great.