Credit Report

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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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