Why A High Credit Score Matters

Most people associate their credit score with loan interest rates and whether or not they can take out a loan or obtain a credit card.

In many states it also affects whether or not you qualify for auto and home insurance, your insurance premiums, qualify to lease a house or apartment, and even some jobs.

Maintaining a high credit score affects more than loans and interest rates.

In this video:

• What is a credit score? 00:40
• What affects your credit score. 2:07
• Low versus high scores. 5:24
• Who uses your credit score. 6:05
• Improving your credit score. 7:05