Money VS Credit



credit is the ability of a consumer to obtain goods or se rvices before payment, based on trust that payment will be made in the future and it is important to have good credit is u will be able to buy a house ,a car and so u can get lower interest rates and ect

3 Habits of good credit

3 habits that demonstrate good credit is spending rewards wisely, check your statement once a month and use all cards once a month

Credit score

Credit score is the number assigned to a person that indicates to lenders their capacity to repay a loan and this is important cause the stronger your credit score the more money u can save (like thousand)

good and bad credit score

A good credit score is 680 to719 and a bad credit score is 500 to 579

How to improve credit score

U can improve your credit score by getting a copy of your credit reports , pay off a past due balance, Avoid new credit card purchases and leave accounts open, especially those with balances

How to maintain good credit score

To maintain a good credit score u have to know what goes into a good credit score, pay your bills on time, keep your credit card balances low ,manage your debt ,and don't close old credit cards.