If you're planning to make a big purchase this holiday season, or anytime in the near future, it is important to know your credit score. People with lower scores are generally penalized with higher interest rates that can add thousands of dollars to the purchase price.
So what can you do to increase your score? According to the folks at Quizzle.com, a free credit reporting website, it all starts with knowing your number. An estimated 25% of Americans have never even checked their score. Quizzle experts say it is also important to pay bills on time, every time. They also suggest disputing any inaccuracies you find on your credit report, and avoid applying for several new lines of credit in a short time. That includes applying for store credit cards at might get you a discount in the short term.