A good credit score can help you move forward in life by giving you access to opportunities like buying a car or a home, or funding a college education. It can also help you net better loan terms and lower interest rates—which makes borrowing cost less. Plus, it can boost your confidence—having a good credit score brings some peace of mind because it lets you know you’re in good financial standing and that you can access credit if you need to.
In this episode of “Money and Mindset,” Bright and Brian go over everything you need to know about your credit score—from how it’s calculated to how it affects your borrowing power.
Listen in to learn:
- What a credit score is (and what it actually means)
- How to raise or repair your credit score
- Why you shouldn’t obsess over that three-digit number
Have questions or topic ideas you’d like to hear us discuss on our show? Email us: AskBrightAndBrian@truist.com