well, I'm not sure if you knew, but credit scores could help you a bunch! With a higher credit score, you're able to pay cheaper loans. why? Because lenders will see your trustworthy! Then they'll decrease the amount of interest you pay.
and you may also ask, how do I raise it? By paying your loans on time! That's why if you get a cheaper car, you'll be able to pay your bills on time, therefore raise your credit.
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Don't sweat it Tess, lots of adults don't either. Woah, really? Then I'm sure you're getting charged late fees constantly. Credit cards are similar, banks will see whether or not you are reliable, and then charge your interest based off of it. You should try to at least pay the minimum payments monthly, that'll atleast help you because it avoids late fees, but interest still grows.
wow! I had no clue that lenders would even check that! is that why my credit card has such high interest? I forget to pay it every month
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It really is serious, but in no time you will be Debt free Tessa, you got this!
Thank you so much Robert, I feel better already.
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