Keeping track of personal finances may seem complicated, but in reality, achieving it is a matter of taking into account some basic measures such as paying on time, being aware of your debts, not exceeding your borrowing capacity, etc.
All of this will help you maintain a good credit history, that is, a positive financial reputation. When financial institutions verify their profile, they will find that it is a good payer and that it does not represent risks. But does this help you? The answer is yes. So much effort has a reward and these are four of the benefits you get when you take care of your history:
Banks are looking for you to offer you products
By maintaining a good record of payments and taking care of your borrowing capacity, banks usually contact you to offer you cards or loans, even some pre-approved ones. Many of them can even be exclusive. Now, he is not obliged to accept, but having the option is always a positive thing.
If you request financing, you will access it without hindrance
If you need to finance the purchase of a car or even a property, your history will be essential. When you verify that you are a person who takes care of your finances, credit approval becomes much easier.
If you are looking to lease, there will be no inconvenience
Many homeowners want their tenants to have good credit records, so before giving the yes for the lease, they verify if they have current debts and if they are reported negatively at any credit center.
Access better interest rates
Finally, it is possible to negotiate better interest rates if you have an impeccable record. Banks seek to attract good customers, so you can negotiate a portfolio purchase and end up saving interest.
If you verified your history and it is positive, remember that it is very likely that you can access the credit you need without inconvenience, but before requesting it, it is necessary to compare the alternatives to make a conscious choice that allows you to keep the good record. To compare them.