Sunday, September 11, 2016
How's your credit score?
As my divorce was nearing, and I was applying for rentals, the realtor stated that divorce usually brings bad credit, but they'd do a background check, I was a long time community member with many ties to the community, she'd try to work with me, she was divorced herself. I told her that I had good credit. Fast forward and when she called to tell me that I was approved for the rental, she made a point of commenting that yes, I DO have great credit!
I worked really hard all of my adult life but especially as I was untangling myself financially during the divorce process, to walk away with ongoing good if not great credit. I did have a 0% car loan, which I paid off about 1 year post divorce. I have consistently paid my bills on time, kept few CC's and those I have are long time accounts-both paid off in full, monthly. The only debt I have is medical debt, which I have made monthly payments on (usually double what I commited to initially)and will fully have that paid off come the end of Feb with retirement income looming.
Meanwhile, we live well below our means, comparable to what I anticipate "retirement" income living will be like. I hope to have a new position come Spring, but know that we can continue, at least for a year as is. Medical insurance is a major worry, hense the need for a full-time position with benefits. Ive also purused the Obama care aka state plans to get a sense of costs and coverage.
I checked my credit score, and am pleased that my scores, which vary by 10 points, remain just a few points below 800-very nice. I keep at it.