Most people don’t think about their credit until they have to use it. Take the example of a newly-wed couple dreaming of owning their first home.

Credit scores provide an extremely valuable guide to future risk based solely on credit report data. By using credit scoring, a lender can quickly and objectively evaluate your credit history in a consistent manner, and determine the likelihood that you will repay the loan as agreed.

There are dedicated incentives and programs available for seniors credit management. These include senior credit cards and senior secured credit programs.

Here is the scenario: We are a married couple, two kids. Both work full time. Combined annual income is ~$154,000/yr. Credit is crap…creditkarma says we have a 600 credit score.