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Uhh, I'm so mad! I got turned down for my auto loan because they said I have a bad credit score! What even is that?
Your credit score is a number that lenders use to help them decide whether to give you a loan.
So then what would be a good credit score to have?
Generally a good score is between 650 and 750+
How can I increase my score?
It's going to take some time, but with staying on top of your bills and paying in full, you can definitely get an acceptable score.
Alright starting now I'm getting my credit score up and getting that car loan!
That's the spirit. With a good credit score you will be able to get loans and credit cards for lower interest rates and better benefits!
Thanks for the advise!
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