Your FICO® Credit Score Explained | Financial Knowledge is Power

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A credit score is a key part of your financial well-being. In this episode of Financial Knowledge is Power, Thrive Global Reporter Xandria James clues you in on everything you need to know about your credit score, and financial expert Jean Chatzky shares simple tips for you to take control of your own.

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Applications for a loan, credit card, utilities or mobile phone while the default is present are normally declined.

bitcoinforbeginners
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Removing credit file defaults gets you back on track towards a healthy credit position resulting in your financial life becoming easier and less stressful in the long run.

gboyegastephen
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Great video! It's so important to have a solid FICO score if you're living in the U.S. when it comes to getting affordable financing. It's good to also know the general breakdown of how the FICO score is calculated:
1️⃣ Payment History - 35%
2️⃣ Total Amount Owed - 30%
3️⃣ Length of Credit History - 15%
4️⃣ Credit Mix - 10%
5️⃣ New Credit - 10%

limitlesslumens
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Wow random people asking you for your credit score is totally comfortable for everyone

JCshgUn