Understanding your Credit Score

FATV Minute to Learn It Credit Scoring

Your credit score is an important financial factor in the world that we live in today. It is reviewed as you are buying a home or a car, or even sometimes when you apply for a job. It is important for you to build your credit and manage it in a healthy way. The first step is understanding your credit report and credit score, and learning ways to build a credit score that meets potential lenders’ demands.

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Average credit score for ages 18-23 (source)