You frequently hear how important your credit score is. But do you know why it is? “A better score qualifies you for lower interest rates on your credit card, auto loan, mortgage, and more,” says Tim Kosak, Consumer Lending Manager at Consumers Credit Union. With a better credit score, you’ll keep more money in your pocket—or savings account.
To learn what gets factored into your credit score, watch the video below, the first in the Consumers ConnectU June credit series.