DavidBach

Your credit score impacts your ability to get out of debt and stay out of debt. The worse your credit score, the higher the interest rate you will be charged on money you borrow. The better your score, the less your debt will cost you and the quicker you'll be able to pay it off.

Back in the glory days of 2005, David Bach came out with his book The Automatic Millionaire Homeowner: A Lifetime Plan to Finish Rich in Real Estate. In it, he argued that owning your own home is "as close a financial no-brainer as you can get." Over the past couple years, millions of families have...