Thank you CreditRepair.com for sponsoring this post. CreditRepair.com’s team understands that a credit score is not just a number; it’s a lifestyle.
When I first began my journey as a travel blogger a few years ago, I knew I had to spend money to make money. I traveled as much as I could and eventually maxed out my credit cards trying to accumulate enough content to get the ball rolling.
While this was fun and it eventually paid off for me, I’ve learned a lot since then and I’ve realized there are much better options out there for people, without sinking deep into credit card debt.
Did I mention I was a student at the time so working full time to pay off my debt wasn’t really an option?
I am so grateful that my ridiculous plan actually worked out and I’m now able to bring in a full-time income from my travel blog. It took me a while to get back on track, but I’m actually overjoyed that I’m in a position to write a post like this!
My great credit score has unlocked many doors for me that have made traveling not only easier, but much cheaper. I’m so grateful to CreditRepair.com for sponsoring this post so I can share my journey from debt to financial freedom.
visit CreditRepair.com today to learn more!
Let’s start with all of the ways great credit has changed my life (and how I travel!)…
(1) A great credit score can help you qualify for an amazing travel credit card!
There are tons out there, but I’m in love with my credit card which is meant specifically for frequent travelers.
A few of the perks?
- Free checked baggage
- Unlimited lounge access through Priority Pass
- Automatic hotel room and rental car upgrades (these include but are not limited to a bigger room, free breakfast, late checkout, etc.)
For people who travel often, a great travel credit card can actually save you hundreds, if not thousands, every year and elevate your travel experiences like you wouldn’t believe… without you having to spend a penny more!
(2) You’ll save more money.
Instead of paying hundreds of dollars in interest every month on your high interest credit card, that money can be used for other things that enrich your life – like travel. To me, paying interest is like throwing money down the drain. Fix up that credit score, apply for a lower interest credit card and never look back!
(3) You’ll qualify for a higher earning travel points scheme.
As mentioned, my travel credit card saves me tons of money on travel but I didn’t mention that it ALSO earns me points that I can use towards free travel as I use it. And I never would have qualified for my card if my credit
score was still in the gutter. Seriously, the return on investment of this card is so great, I rave about it to just about anyone who will listen. It’s like every trip I take, it subsequently earns me another free trip down the road.
(4) Qualifying for 0% interest loans and balance transfers.
Yes, these offers exist but only to the people who have maintained a great credit score. And there are so many things you can do with a 0% interest loan because it is essentially “free money”. Do with that what you will!
(5) I bought a house!
I know you’re probably thinking that that has nothing to do with travel but it really does. Why? Because I didn’t just buy any house, I bought an income property after qualifying for a second mortgage. This piece of real estate brings in passive income that enables me to continue traveling because passive income = freedom.
How I took control of my credit score
“This all sounds great!” You’re probably thinking. “But how do I start?” Let me go over the steps I took to ensure I took control of my credit score and turned my life around:
(1) I paid all my bills on time.
Nowadays, with auto payments set up, you don’t even have to think about it. I would highly recommend utilizing this tool if your bank allows it. You can set up auto withdrawals for either the minimum payment or a set amount every month on the day your payments are due. Trust me, it’s much too easy to miss payment notifications, otherwise.
(2) I kept checking in
Seeing my credit score rise really motivated me to stay on top of everything. I used a credit monitoring system, much like the one available through CreditRepair.com to review my score, keep tabs on my credit and bureau interactions, and receive ongoing advice on how to improve my score.
(3) I got financial advice from someone I trusted.
For me, this was a combination of people from my dad to my financial advisor. I wanted to make sure I was keeping myself accountable and there’s no better way to do that than having a reliable accountability partner who also happens to know a lot about finances and had my best interests at heart. The CreditRepair.com team are professionals who are there to educate and empower you to reach the credit score you deserve.
(4) I did the math…
and it scared me into taking action. Better credit can lower your interest rates which in turn can save you thousands of dollars in interest over the long term. Did you know that by taking control of their credit score, CreditRepair.com clients have seen an average score increase of 40 points in just 4 short months? (*Please note: Not all clients saw such a result as all legal cases are different. You should not expect to see the same result and it is not guaranteed.)
My life has changed in so many ways since I decided to take control of my life and my credit score. Just like they say debt snowballs really quickly, well, so does wealth and I’m so glad I was able to eliminate one in place of the other.