April 02, 2018
Sometimes credit can seem like a foreign language. Learn the ABCs of credit in this informative infographic by Credit One Bank.
After realizing he couldn’t pay back his outrageous film school student loans with rejection notices from Hollywood studios, Sean focused his screenwriting skills on scripting corporate videos. Videos led to marketing communications, which led to articles and, before he knew it, Sean was making a living as a writer. He continues to do so today by leveraging his expertise in credit, financial planning, wealth-building, and living your best life for Credit One Bank.
Your credit score is a number that represents your creditworthiness to lenders. It is influenced by—and can influence—the following:
Myths have been used throughout history to explain the inexplicable, but credit is not some mysterious concept that can’t be comprehended without tales not based in reality. A good credit score is not a unicorn, and you don’t need King Midas’ golden touch to establish and maintain good credit.
Your credit score makes a difference in so many areas of life, from the rates you pay for auto insurance to the kind of mortgage you qualify for. But young people often find it hard to build a credit history, which is a major contributor to your credit score. Here are eight ways to get started building a credit history.