Your credit score has never been more important than it is today.

Having a poor credit score can hit you hard in all kinds of places.

As lenders tighten up their credit standards in this credit crisis, you may find that you need a FICO score about 20 to 40 points higher than last year just
to get the same kind of rates you got then.

Obviously, if you buy or refinance a home, you’re likely looking at a higher mortgage rate. Same goes if you need to finance a new or used car. And that can cost you thousands of dollars!But, did you know that a spotty credit score can also affect things not even related to a loan? 

For example, prospective employers may look at your score before deciding to hire you. Also…some of your day-to-day costs, such as home and auto insurance — andeven your cell phone and utility bills — can dramatically increase based on a less-than-perfect score.

We remember counseling one couple who learned that particular lesson the hard way. The couple's auto insurance company had just raised their premium for two cars by $200 a year — based on a credit record that put them in a “high-risk” bracket.

They wanted to know what their credit record had to do with their auto premiums. It tells insurers and lenders that they are running a risk of getting late payments from you...so they charge you more to hedge themselves.

So, if you don’t pay your bills on time, do yourself a favor and START.  And if you already have either major or minor problems in your credit report, now is the time to start cleaning it up. 

This report will show you how you can do just that in a short time frame... AND save money on insurance, mortgages and anything else that requires an excellent credit record.

Let Us Introduce Ourselves…

We’re Ken and Daria Dolan, and we’ve often been called the “First Family of Finance.”

We have over 20 years of experience helping people just like you improve their financial health. 

We’ve hosted our own radio show, we’ve written six books on personal finance, and we’ve been on numerous television shows and have spoken all over the world.  (And we’ve been married — to each other — for over 30 years in case you want to know...but that’s another story.)

We wrote this report to show you the in’s and out’s of how the credit scoring system works...and how you can dramatically improve your credit in a very short period of time.

What, Exactly, IS a Credit Score?

A credit score is a number — generally ranging from 300 to 850 — based on an analysis of your credit history.  Its purpose is to demonstrate your creditworthiness, which is what lenders look at when deciding how likely you are to pay your debts on time.

Lenders use credit scores to determine who qualifies for a loan, at what interest rate and at what credit limits.

Your credit score is calculated based on the contents of your credit report, which is sourced from the major credit bureaus — Equifax, Experian and TransUnion.

The FICO® score is the most well-known of the credit scores, and it’s used by 90% of all lenders in the U.S. and Canada.

THIS is the one to which you should pay the most attention (and work on if you need to)!

Here’s the good news: The higher your FICO score, the less money you’ll pay in interest.