The Credit Score Situation

The Credit Score Situation

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  • The Credit Score Situation
  • By: Mia Allen
  • Oh no! Why is my credit score dropping?
  • Maybe because you are spending or borrowing too much?
  • Exactly, whenever you get a loan, you must pay it off so your credit score won't drop.
  • So does that mean my score is lower because I don't pay off my loans or spent money?
  • Make sure you pay the bills and loans on time, never past the due date!
  • Oh okay! So what else do I need to know?
  • If someone buys something with your name it will show up on your credit report and score. By checking your score, you can see the difference.
  • Your credit can help you spot fraud.
  • How?
  • No problem! Glad to be of assistance!
  • Thank you so much!
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