Description

Credit scores are a 3-digit number that represents your credit health. Whether you have a good score, bad score, or no score, there are actions you can take that can help improve your score, which can help you qualify for lending and credit cards and open other doors. A good credit score can also save you money. 

Key Takeaways

In this episode, you'll learn: we'll discuss:

What is a credit score?

Is your credit score actually important? 

Ways to check your score for free

Simple steps you can take today to boost your credit score

Resources On Credit And Race

U.S. News & World Report: How Race Affects Your Credit Score

Forbes Advisor: From Inherent Racial Bias to Incorrect Data—The Problems With Current Credit Scoring Models

Money Management International: Why Good Credit is Harder to Achieve in Communities of Color and What You Can Do About It

Board Of Governors Of The Federal Reserve System: How Much Does Racial Bias Affect Mortgage Lending? Evidence from Human and Algorithmic Credit Decisions

Bankrate: How race impacts credit: the history and effect on lending practices

GOBankingRates: Black Americans Are More Likely To Be Denied Credit — Here's Why, According to Experts

Resources For Free Credit Score and Credit Report Access

AnnualCreditReport.com

CreditWise from Capital One

Credit Karma

Credit Sesame

Credit.Com

Experian

TransUnion

Credit Boosting Programs

Experian Boost 

UltraFICO

StellarFi

Grow Credit

TurboTenant (requires your landlord to also sign up for a free account)