WHAT'S F.R.E.E. CREDIT? the personal game changer
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WHAT'S F.R.E.E. CREDIT? the personal game changer - Durrell wilson
WHAT’S F.R.E.E. CREDIT? The personal game changer
A F.R.E.E. ACADEMY PRODUCTION
CREDIT GAME CHANGER
WHAT IS CREDIT?
Credit is the ability to borrow money from another person or entity with the understanding and agreement that you will pay that money back usually but not ALWAYS, with interest at a later agreed upon date.
WHO REPORTS MY CREDIT?
There are three (3) nationwide credit reporting agencies that are normally seen. TransUnion, Equifax, and Experian. Together these will report to potential lenders what your FICO score is at the time and that is what will determine your eligibility.
WHAT IS A FICO SCORE?
FICO is your three digit credit score. It stands for Fair, Isaac and Company. These are the people who came up with the mathematical equation used to determine the three-digit FICO score.
WHY IS IT IMPORTANT?
Your credit score effects every single aspect of your life! Need a place to stay? whether you’re renting and your especially if your buying, your credit