Credit Swagger: What is it and Do I want it?

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good credit scoreCredit Swagger by my definition is the absolute confidence that you have an excellent credit rating/score.  It’s gained by the knowledge that your score is so good that no banking institution would turn you down for a business loan, car, home, personal loan or credit card.  The higher your score, the greater your swagger.  You ooze with confidence that it’s not a matter of IF you will be approved, but for how much MORE than you need or desire.  That’s having Credit Swagger.

Do you want it? Absolutely!  There are so many benefits that come along with having a good or excellent credit score.  Before I get to those benefits, let’s discuss, “What is a good or excellent credit score?”  The 3 credit bureaus (Experian, Equifax and TransUnion) highest score is generally 850.  Obviously, 800 is an excellent score but so is 750.  You fall into the good range between approximately 749 and 655.  Anything lower than 650 could cost you money in the form of higher interest rates, annual fees, unfavorable terms, co-signers or outright denial of credit.

Those benefits come along with an excellent credit rating are, for example; lower interest rates.  Have you seen the car commercials that offer fantastic lease prices for the latest models?  Thats great if your credit score is 755 but if it’s 602, generally that’s not a deal you can receive.

It pays to have the benefits of credit swagger if you are an entrepreneur, a 1099 “employee”, your income fluctuates or is hard to verify.  Often times, if your credit application is complete, the income is reasonable, your debt to income ratio is acceptable and you have a great credit score; the lender approves your application faster and with less scrutiny.  Why is this the case?  Because your credit score speaks to how responsible you have been with money and the likelihood that you will repay this new debt is high.  The lender is also fully aware that, because of your great credit, you can go to the competition and be easily approved.  Having credit swagger gives you buying power, negotiating power, clout and the best interest rates available.

Do you know your credit score on each of the 3 major credit bureaus? If not, first go to www.annualcreditreport.com to receive your FREE credit reports.  The law allows you access to your reports, from all 3 credit bureaus, once every 12 months.  There you can find the link to pay for your credit scores.  There are free trials available directly from the credit bureaus.  You will have to visit there websites individually to take advantage of these limited trials.  Companies such as Discover and Citicard give you your credit scores monthly on your statements.  You can also join the totally free, www.creditkarma.com.  This site provides your credit report and score for both TransUnion and Equifax credit bureaus.

If you dont have Credit Swagger today, you can get it.  It all starts with getting your credit report, your score and working towards a higher number.

Stay tuned, come back…for more great reads on how to increase your credit score and thus your Credit Swagger.

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57 COMMENTS

  1. As a 1099 freelancer, it is definitely tough to get anything if it’s based on credit. So, running upon this article should be helpful for me as I am beginning my own media company. Thanks for the tips!

  2. This article is so simplified it really took the confusion out of the scary credit card industry. Looking forward to getting my swagger on and hearing more from this guy, thanks

  3. Title & content intriguing! Swagger in association with credit scores is genius! Best to know how one is defined by credit ratings & this article leverages knowledge as power!

  4. Absolutely loved this article. Very enlightening and i definitely will be returning to read more and better understand how to better my credit score.

  5. Very well written article. Made it easy to understand, and now I’m wanting to hear more from this guy. I want credit swagger. I’m sharing this article because a lot of people dont realize how important their credit is until its too late.

  6. Excellent article! Credit scores are extremely important and impact our lives in so many ways. This article is very informative and delivers its message in a way the anyone can understand.

  7. I am excited to learn more about boosting your credit score. Very interesting article and very informative. Thank You for the excellent advise.

  8. This was very informative , now I’m striving for my Credit Swagger and I know what to look for and what to do in getting started on the road to CREDIT SWAGGER

  9. Loved the article!!! very informative and the title was very catchy. I want credit swagger! Can’t wait for the next article so I can be on my way to an 800 credit score!!! Im also sharing this info so others can be informed.

  10. Mr. King, this article was very informative and appreciated information. I wanted to keep reading. So looking forward to the next Credit Swagger article so I can get that 800 score.

  11. Great article! I didn’t realize that it was so easy to understand the process. I look forward to more informaion. The market is improving for investing and this is very helpful. Thanks!

  12. Great article and very informative! Paid off the last of my credit cards last year so hopefully I can gain some of that swag this year.

  13. Thank you so much for showing others a path to having #CREDITSWAGGER!! It’s an awesome thing when we don’t just tell people they need to have good credit but tell them how to get started on the journey to their goals!! Please share more!!

  14. This is a great article and I will be sharing it with my children. It’s amazing the benefits good credit can provide. All very well said…

  15. Yes this is a great read I also know a lot about credit and how it works in the business world. It’s always good to keep learning Thanks for the good read Kevin.

  16. Excellent article Kevin. “Credit swagger”. I love it!!! Simple and easily understood. You take the fear out of the process, through the simplicity of your delivery. I must share. Looking forward to hearing more from you.

  17. Credit scores are very important! I haven’t paid a bill late in over 13 years – the key to having credit swagger is living within your means and planning for the worst!

  18. Great article. Broke some things down for me and made them easy to digest. Thank you for the suggested links. I signed up for credit karma and I think it will be a helpful tool! I look forward to reading more and soon!

  19. Very well written… Short, & to the point. I will definitely be excercising your suggestions, as well as sharing them with my friends, family, & colleagues. Looking forward to the next article!

  20. Very informative article! I now have an idea what it takes to start building credit and all the great benefits of a high score. Thank you.

  21. This article was spot on! You definitely have to know before you can grow, and credit score management is something to take very seriously.

  22. Once again, a very thorough, insightful, & simplified message. As I start my journey into entrepreneurship, this article was right on time. Please keep’em coming.

    Great Read,

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