Whats Your Credit Score? #shorts #credit #creditscore @creditsesame

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So happy we dont have this in The Netherlands. Anyone can lose his job and miss a payment, seems like a bad system

yesjoeri
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Hello people who don’t know what a credit score is. A credit score is a number that is supposed to communicate to lenders how trustworthy you are with money, like if you will repay any loans you take out on time. The higher the number the better history you have of taking on and repaying your debt, so people are more likely to loan money to you

Rose-qwif
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Imagine living in a country where your credit score determines who you are 😂 and the USA are “against communism” you’ve been in it all along 😂😂

michaelcostello
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I hate the credit system. It makes it hard for single parents that have to support kids. My mum had to sacrifice her credit score for us because we needed food and other necessities kids require. Now she can't buy a house, can't buy the car she wants, and can't be happy because she is always struggling. I'm trying my best to support her because of how much she sacrificed for us, I feel I need to do the same for her.

Rhythm-xyuf
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This credit score system is too bad if someone is in need and go to the bank they easily reject for no reason and make those person ashamed and feels them helpless that's why people go in wrong direction

vishumitra
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Mine is not as great as any of these people's but but since 2018 I have raised it from 360 to 521 I am continuously working on it

innergoddess
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I wouldn’t have told him cuz that’s nun of your business 😂🤷🏾‍♀️

angelhearon
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Me from a country where credit cards are uncommon trying to figure out what these numbers mean: 🤯

patronusstag
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For those that are confused a credit score is a number ranging from 300 to 850 the depict consumer creditworthiness. The higher the score the better. For instance if you are looking to buy a car most especially a new car and you want finance the car your credit score would be checked so goes for when you want to buy a house or build a house your credit score would be checked to determine how much you can afford. The more income you have and the higher your credit score you have the better.

FunmilayoAnifowose
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What is credit score meaning?
What Is a Credit Score?

A credit score is a number from 300 to 850 that depicts a consumer's creditworthiness. The higher the score, the better a borrower looks to potential lenders. A credit score is based on credit history: number of open accounts, total levels of debt, repayment history, and other factors.

kamariahmohdrashid
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I dont understand what is credit score??

sarandongapichibiripichibi
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I would never put my personal info into someone's phone for any reason.

misspoliticallyincorrect
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And here i am having no idea what a credit score means🙄

vishnuprasadr
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I don't have a credit card. Also, did we all just watch a damn advertisement

pipicacadanslepot
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In the netherlands we don't have credit score, that's why I dunno what does it mean. Hahah

BisayainHolland
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I was like, did he mean Chinese social credit? 😂😂😂

Alexander-srqm
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"What's your credit score"
"What's the number for I don't give a fuck" 🤣🤣🤣

slap_A_flamingo
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Good thing we don't have that in our country

bassboosted
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Imagine being in a country with more debt than you and they deny u financial freedom lol

rviciouz
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I'd say 80% of clients have scores below 680. It's sad. Most people I see at work have HORRIBLE credit and it's insane

koofdome