Demystifying Credit Scores

Very few things in life are as confusing and mysterious as credit scores. Yet our credit scores dictate whether or not you are able to purchase a house, and what your interest rate on the loan would be. So what if you have student loans? Car payments? What dictates your score? How do you get your score higher? Check out the video below of Anne as she helps us demystify the numbers behind our credit scores.

[kml_flashembed movie="http://www.youtube.com/v/ezYba-0QReM" width="425" height="350" wmode="transparent" /]

Also check out annualcreditreport.com fora free credit report. Even though the site doesn’t provide a score for free it is still good to check the report once a year for any irregularities.

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One Response to “Demystifying Credit Scores”

  1. Simple and sound advice. Thanks! This would be useful for my project.

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