All You Need to Know About Credit Scores #infographic

When was the last time you checked your credit score? Your credit score describes how well you can manage debt and is used by banks to rate how risky you are to loan money to. An excellent credit score can save you thousands of dollars of interest over time while a poor credit score can prevent you from getting loans or credit cards. Understanding credit and what can affect your score is the first step to building an excellent credit score.

All You Need to Know About Credit Scores
Source: BillShrink.com
View full size infographic here

Speak to our certified Financial Coaches to review all of your options and discuss best strategies for getting out of debt.Speak to our certified Financial Coaches to review all of your options and discuss best strategies for getting out of debt.

About The Author

Melinda Opperman is an exceptional educator who lives and breathes the creation and implementation of innovative ways to motivate and educate community members and students about financial literacy. Melinda joined credit.org in 2003 and has over two decades of experience in the industry.