Building and maintaining a great credit score can have a tremendous impact on your quality of life. With the onslaught of credit offerings, bank cards, store credits and financing opportunities available it can be difficult to navigate the confusing world of credit. However obtaining a better credit score is possible. Meet Nancy. Here she shares her personal story of improving her credit and her life.
There are advantages to maintaining a pristine credit profile. Primarily, having great credit means that you're more likely to qualify for loans and lower interest rates. There's also bragging rights. However, the path to achieving an excellent credit profile is not clear-cut -- credit-scoring agencies never reveal their scoring formulas. Fortunately for us, one woman -- Nancy, 39 -- was kind enough to share her credit report with us to see how she got a stellar FICO 8 Bankcard Score (score range of 250 to 900) of 873.