Information About Credit

By Luis Molina

What is credit? And what do use it for.

Credit is based on your ability to pay your bills. Anything that you do with your money could help or damage your credit score. If you need a loan, most likely they will check your credit score and base your loan of you score.

Over time you can ether increase your scorer or damage. You can higher your score by getting a card and buying things that are relatively high, and when you get your bill, you pay it on time. this show the company that you can pay things on time and you can grow your credit score.

Why you sould care.