What is a Credit Score? E2
Good Money Moves
In this episode of Good Money Moves, I dive into the intricacies of credit scores with Jordan Kaehler, our Underwriting and Loan Portfolio Manager. We explore what a credit score is and why it's crucial for your financial health. Jordan explains how credit scores influence interest rates and other financial aspects like renting or setting up utilities. We discuss the key factors affecting your credit score, including payment history, credit utilization, and the types of credit you have. Jordan also shares practical tips for building and maintaining a strong credit score, emphasizing the importance of responsible credit management. Whether you're new to credit or looking to improve your score, this episode offers valuable insights to help you navigate the world of credit scores effectively.
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