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How credit scores work #finacialliteracy #creditscore #finance | how credit scores work
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Understanding how your credit score is calculated can be the difference between unlocking your dream home, car, or even being approved for that premium credit card with all the perks. #personalfinance #personalfinancetok #financialeducation #financialfreedom #personalfinanceforwomen
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TikTokinspiredbudget
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Your credit score is not a measure of your financial wisdom, your income or your net worth. You do not have to keep borrowing money just to prove you can borrow money. There’s a better path: Make a plan for every dollar. Pay off debt with the debt snowball. Save an emergency fund. Then invest and build real wealth. That’s how you take control of your money and create the kind of financial peace an 850 credit score can never give you. #creditscore #debtfree #debtfreecommunity #debtpayoff
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FICO scores have been the industry standard for decades. But now, it has a competitor: VantageScore, a scoring model that promises a more inclusive way of measuring credit. As it rises in popularity, how will consumers be affected? Stream the full story on the CNN app. #CNN #News
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