Do you know the five factors that make up your credit score?
While you probably understand the importance of maintaining a great credit score, you may not really know how this score is actually calculated.
While the actual formula used to calculate your score is something of a financial mystery, there are five main factors to know.
To help you understand these factors, watch this week’s Financially Wise Living episode and then make sure to take action by checking your credit score using the resources I mention in the episode.
As always, if you are serious about getting ahead in your financial life and building a plan to reach your financial goals, make sure to schedule your Discovery session with me today to talk more about financial planning.
Have a great week and talk soon!
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The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial adviser prior to investing. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.