Member-only story
Grappling With Tangled Tentacles of Credit
Sound money habits help those mired in debt take control of their future
Understanding and improving credit scores can feel overwhelming, but gaining confidence in this area is crucial for everyone’s financial health.
A strong credit score opens the door to better loan options, lower interest rates and improved financial opportunities. By learning how credit scores work and taking simple steps to improve them, people can boost their financial standing and gain control over their credit future.
Bruce McClary, senior vice president for Media Relations and Membership at the National Foundation for Credit Counseling, joined money experts at Experian, a consumer credit reporting company, to discuss key strategies to build and maintain a strong credit score with confidence.
Getting Smart About Credit Lets You Reach a Good Place for Life
“You can check your credit report weekly — I check weekly — for free from AnnualCreditReport.com,” McClary said. “Your credit card issuer or bank may provide free score updates as a benefit.”
Experian advises to check credit reports and scores at least once per year to stay on top of financial health, but people can check them as…
