724 Credit Score

This score is the USA's average credit score number. Why so many people have it? Is it good or bad range? Is this score worthless in 2013? Let's find out!

Is it bad credit score range?

It's not bad or either good credit score range. It falls into semi-good range, but it doesn't mean that it is good enough to secure you mortgages or car loans with low interest rates. If you want better interest rates, you will need to work hard to improve your rating!

How to improve this score?

There are many ways to improve your credit score. The first and easiest thing you can do is to pay your bills on time. Also make sure to pay down all late payments and debt. Don't use your credit card limit to the maximum, too.

How to check my credit score?

There are many websites all over the internet where you can check your credit score for free. Just google it and you will find. These websites include credit bureaus, such as Experian, TransUnion or Equifax. Most of the websites offer this for freem but some charge money, too, so be carefull.