Ignition to Wealth

012 | The Building Blocks of Your Credit


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In Today’s Episode

Eric and Brandon discuss the important topic of Credit Building. The guys explain the factors that make up a credit score and discuss some strategies to build your credit. Whether you’re new to the game, have bad credit, or just have some room to grow, this episode is for you!

 

What You’ll Get Out of Today’s Show

  • The 5 factors that make up your credit score
    • Payment history
    • Total amount owed
    • Length of credit
    • Type of credit
    • New credit
  • Easiest and best ways to start building your credit
  • Strategies to help build your credit
    • Paying bills on time
    • Credit line increase
    • Keeping credit cards open
    • Student loan restructuring
  • Utilizing a monthly FICO score tool

 

 

Links Mentioned in This Episode

ignitiontowealth.com/resources

 

ignitiontowealth.com/tools

 

Ignitiontowealth.com

 

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Ignition to WealthBy Ignition to Wealth