Loans & Credit: Your Credit Rating and the Impact of a Low Credit Score

11/08/2025 24 min Temporada 1 Episodio 8
Loans & Credit: Your Credit Rating and the Impact of a Low Credit Score

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Episode Synopsis

Here we discuss credit ratings, credit reporting agencies and what it means to have "bad credit".Most lenders rely on an individual's credit rating or "score" to determine whether to extend loans or credit and how favorable... or unfavorable... the terms of that credit extension should be.Many consumers are surprised to learn what factors impact their scores and how many ways it can make their everyday lives more expensive. Let's get into it!