Week 6: The Importance of Credit History & Credit Score
Last evening we explored the importance of Credit History/Credit Score. How important is your Credit Score to you? If so how and what measures will you undertake to use credit more wisely?
Welcome
Hello and welcome, everyone! We’re excited to have you as part of the CRT 2025 Financial Literacy Institute. This blog is a private space, exclusively available to those enrolled in our program. It serves as a central hub for: Updates and communication about assignments Sharing helpful resources Discussing topics that matter to you We look forward to learning together and making the most of this shared experience. Let’s grow, engage, and support each other throughout the journey! — ~Eileen Feliciano
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It's very important. Credit score determines your life style. By having a low credit score your limited on purchasing a house or renting an apartment. Now I know it can effective you getting a job. Wow that's huge. I'm making sure my bills are paid on time. Checking my credit score on the regular basis. I signed up with Myfico.com. it's a great website. Tells you your score and give your credit report from all three locations. I'm taking this very seriously. I have schooled my son on the importance of credit. Don't get in debt not worth the hassle. Stay on top of your expenses. Herman was awesome. Great presentation
ReplyDeleteme too im making sure i pay all my bill on time and pay more than minimum keep checking my cradit scored and report
DeleteI think that you have a good thing started and that with teaching our children the importance of starting and keeping good, lasting and building credit worthiness. Yes Herman was awesome. He helped me to see credit as not something to take lightly.
DeleteHi Stacy, I agree the class with Herman was very informative. Also, thank you for sharing the website myfico.com!
Deletefor me this class was super interesting and i learn how important it is to have credit and the check the credit report is so necessary and important
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DeleteHello Omayra, yes I agree with you checking your credit report at least three times a year as he said is important. he suggested January from one bureau, April for the second bureau and august for the last.
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Right Omayra, who really knew if they are not taught the importance of your credit score and learning about your history can be the real way of keeping it intact. Oh, how important that is. This course continues to help me improve my way of credit building.
DeleteAnnastacia your on the right path getting your credit in order. Just keep pushing on your doing good. It's worth it when you see your credit score go up and the credit usage go down. I use Credit Karma too. We got this.
ReplyDeleteSheila you nailed it. They both go hand and hand. Once we get it together it will be so lovely. We will be unstoppable and share our knowledge to help the next person. I love your vision. The program is helping us grow each week. Definitely we are going to reach our goals and then some. I'm honored to be doing this with you ladies. I love our bond. We have an amazing teacher to keep us in check.
ReplyDeleteSheila, I love your comment! As Stacy said, you NAILED it! I agree that your credit score and credit history are both important.
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