Gregory Karp

How to leverage great credit without borrowing a dime

As average credit scores for Americans continue to rise, the question for many becomes how to use their excellent credit rating to optimize their lives without borrowing money or adding risk.

Capitalizing on great credit doesn't have to mean incurring great debt; instead, it's about using your money reputation for a financial advantage.

"In the right hands, a good credit rating can be a real asset," said Jordan Goodman, editor of MoneyAnswers.com and author of "Master Your Debt."

From higher credit card bonuses and rewards to lower insurance premiums and interest rates, hundreds or even thousands of dollars worth of goodies are available to those...

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