Credit score is not the sexiest term out there! But you will not believe the amount of things impacted by your credit score. 

Many people don’t know the importance of having a good credit score until they buy a house, apply for a car loan, request a credit limit increase, buy insurance, and make other major purchases.

And honestly, I never knew how important a good credit score was. But when I finally figured it out, my financial situation drastically changed. 

Now, since we’ve covered mostly all there is to house hacking in our previous episodes, let’s look at other types of investing. But let us start with everything you need to know about credit scores.

So, in today’s episode of Women Creating Wealth, I’ll talk about…

- what is a credit score

- the importance of having a good credit score

- factors that influence a good credit score 

- ways to potentially improve your credit score

If you’re thinking of buying an investment property, want to get lower monthly payments for your next big purchase, or want to have a better financial future, then make sure to tune in to today’s episode. 

You don’t want to miss this one!

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Key Takeaways:

• Intro (00:00)
• What is a credit score, and how important is it? (01:26)
• Keep up with your payment history (03:23)
• Amounts owed or credit utilization (06:35)
• Do you have a “mix” of credit? (07:20)
• How long you’ve had credit? (07:58)
• Ways to improve your credit score (08:26)
• Episode wrap-up (12:18)

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Additional Resources:

- Get your credit score report on Experian.com

- Sign up for my FREE real estate course here

- Grab a copy of my book Empower Your Inner Millionaire

- Visit my real estate blog here

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Connect with Me:

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- Facebook
- Instagram

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Women Creating Wealth is a podcast empowering women to achieve financial freedom through real estate investing.

Be sure to follow it on your favorite podcast platform!