Chain of Wealth - Debt, Investing, Entrepreneurship, Wealth & More

Understanding Credit Scores

01.17.2019 - By Denis O'Brien & Katie WelshPlay

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What is a credit score? Join Denis and Katie as they learn talk about what credit scores are and how they affect your credit status.

[2:30] Credit score ranges

● 300 - 530 Bad Credit

● 580 - 670 Fair Credit

● 670 - 740 Good Credit

● 740 and up Excellent

[5:20] What affects your credit score

● Paying bills on time

● Late payment has a huge impact in your credit score

● Having a lot of accounts will boost up your greater facility

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