Why is Your Credit Score Important?
Your credit score has a lot of influence on your life.
What is it, how is it determined, and what does it affect? Electricity Express has the low down on the most powerful number in our country.
What is a Credit Score?
Your credit score is a three-digit number that predicts how likely you are to pay your bills. That’s it. It ranges from 350-800 and is based on your credit report. Call us for a home electricity no credit check.
How is Your Credit Score Determined?
A credit score is directly tied to your credit report, which lists:
- Your payment history: This is worth a whopping 35% of your score. It is easily the most important factor.
- Any debt: This is nearly as important, constituting 30% of your credit score.
- How long you’ve had credit: A person with 10 years of credit history will generally score better than a person who has only 1 year. A good, long history instills confidence in a creditor.
- The diversity of your accounts: If you only have credit cards, you won’t score as well as someone who has credit cards, a mortgage and a car loan.
- How many times you’ve applied for new credit: Too much shopping for new credit will make you look irresponsible.
Remeber with us home electricity no credit check.
What Does a Credit Score Affect?
Your credit score goes wherever you go, and a lot of people see it. It can affect:
- Your ability to get a job – This is a little tricky. It is becoming more common for employers to see your credit report – but not your credit score. What the potential employer sees will be different from what is normally on your report.
- Whether you buy a car – Dealerships will definitely check your score before approving your loan.
- Being denied or accepted for a credit card – America may be the land of easy credit, but credit card companies are still cautious.
- If you can get a bank loan – You may need a loan for a new house, car or even an emergency. What kind of interest rate will you get? Your credit score impacts all of these things.
You can see how important your credit score really is. For those with low scores, take heart. Remember that at Electricity Express, we do not run credit checks on new customers. Our customers pay for their electricity as needed, eliminating the need for credit checks. How easy is that? Electricity Express – we’ve got you covered. Also with us home electricity no credit check.
- Same Day Connection Service: Contact us before 5:00 p.m. CST, Monday-Saturday.
- No Inconvenient Contracts: Pay-as-you-go makes budgeting easier.
- No Deposit Necessary: That’s more money in your pocket.
- No Credit Check Required: We won’t ask for your Social Security number or ID.
- Competitive Rates: Bundled pricing means no surprises on your bill.
- Daily Usage Notifications: Know daily what you’re spending.
- Excellent Customer Service: Get sales help until 8:00 p.m. Monday-Friday, 6:00 p.m. Saturday.
- True Electricity: Pay for your usage, not that of a previous resident.
- No Card Reload Fees: Self-pay using 3 easy options.
- LITE-Up Texas Welcome: Take advantage of assistance for low-income households.
- Bilingual Sales and Customer Care Representatives: We provide easy communication for our Spanish-speaking clients.
Cheapest electricity service in Texas
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