What is credit, and why does it matter?
Credit impacts your ability to qualify for loans (housing, business, car, etc.), get a credit card, qualify for certain jobs, and even get security clearance. A credit score is a representation of one’s financial riskiness. Businesses, banks, or jobs use your credit score to determine how likely you are to pay back money that you owe.
To get started with understanding your credit status and learn more about the basics of credit scores, visit the Financial Education Center and check out these specific tracks:
- Credit Scores and Reports
- Using Credit Wisely
- Credit Cards
- Identity Protection
- Payday Loans
- Debt Payoff
- Auto Loans
- Considering Home Ownership
If you are enrolled in our free blackboard CashCourse take a look at Unit 4 Credit & Debit for more information on how to manage your credit! Learn how to enroll in the free blackboard CashCourse.