I read the article How Credit Scores Work and learned that insurance companies use our credit score to set our insurance rates and that the number of inquiries and new loans actually lower our credit scores. I took the Credit Score Quiz and found it reiterate what I had just learned from the article.
We never had a spending/budget plan, but have always lived within our means, never made extravagant purchases, saved regularly and always paid our bills. This method has worked very well for us.
The TCDRS Service Center has very useful information. Since I do not have a pin, I wasn't able to access my personal account but was pleased to see that my account has predictable security with 7% interest regardless of the market ups & downs and that the account retains its value no matter what happens in the investment market.
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