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This series of articles has to do with improving credit score. If you have problems with your credit score, there are many doors that are not open to you. Credit score is important for anyone who uses credit for any reason. When you purchase items on credit, your credit score determines whether you pay a high finance charge, or whether you pay a low finance charge. Most people finance big ticket items such as cars and homes. If you have a poor credit score you may be forced to spend a lot more than you would if your score was good. Or, even worse than that, you may not be able to get approved for loans at all.
There are three things that you can do now to improve your credit score immediately: be punctual when paying bills, keep old accounts open, and don’t take on unnecessary new debt.
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