Understanding Credit Scores: What is a Credit Score and Why is it Important?

A good or bad credit score can often be the difference between achieving a big life goal or missing out. Things like buying a house, renting an apartment, and applying for a loan or a credit card are heavily dependant on credit scores. So, what exactly is it? In this topic, you’ll learn what a credit score is, how it works, and how it is used by lenders and creditors. you’ll also learn about the benefits of a good credit score, as well as what can happen if you have a poor credit score. This way, you’ll be able to confidently and accurately have these conversations with your customers.