Credit in Crisis: The 4 Top Threats to Your Score

Credit in Crisis: The 4 Top Threats to Your Score

Four factors that can have a significant impact on your credit score. 

 

Today, we'll delve into the four significant factors that can have a detrimental impact on your credit score. Sarah Wells, a seasoned professional at Prosperity Mortgage, joins us to shed light on these credit killers and provide valuable insights on how to safeguard your financial well-being. We'll explore the nuances of student loans, utilities, credit card utilization, and even an unexpected contributor to credit woes—parking tickets. This will help enhance your understanding of credit management and secure better financial prospects.

 

Feel free to watch the video or use these timestamps to browse specific topics at your leisure:

 

0:00 — Introduction

 

0:31 — Four things that can tank your credit score

 

0:42 — Student loans

 

2:18 — Utilities

 

2:42 — Maxing out your credit card

 

4:10 — Parking tickets

 

4:33 — Wrapping up

 

If you have any questions on how to improve your credit score or anything about real estate, call or email us. We’re here to help. 

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