Credit Score Time

Each January begins with the annual tradition of checking credit scores.  Free credits reports are available through http://www.annualcreditreport.com and I use this site as my starting point each year.  After viewing the general credit report, I pay for our scores from one bureau to give us a general idea of our scores.  This year, I paid $5.95/credit score. 

Since we learned the hard way not to co-sign with anyone on a loan (a story for another day), this is always a stressful activity. We have never paid a bill even a day late, yet my score was destroyed a number of years ago due to the co-signing experience. Fortunately, R's report somehow dodged the negative information so we've always had his score to rely upon when needed. This year showed that 2010 may truly be my best year yet as the negative account information from the co-signed loan is officially GONE!  Hooray!

My score has now raised to 896 and R's is now 906.  His score earns an "A" according to Transunion and my score earns a "B."  I cannot figure out why his is higher than mine since we've been married for all of our adult lives and have the exact same accounts on both reports; however, I guess this is the thanks I get for managing the money. 

I'm thrilled with these scores as they definitely show the results of our efforts to get our credit under control and live responsibly...well, at least when it comes to money!