Building Credit and Keeping Yours Healthy

Over the past 6 weeks America Saves has featured blogs on the importance of building and maintaining good credit. 

You probably know your credit score can affect the interest rate you get on a mortgage or car loan. But did you know it could also affect your employment options? Building good credit takes work but it can be done. Check out this video from BetterMoneyHabits.com on building credit and keeping yours healthy. The video features five things you can do to build a healthy credit score as well as how to avoid some pitfalls that can hurt your score.

 

Want to learn more about credit? Check out these articles:

Things for Watch Out for When Looking at Your Credit Report

Everyone knows that credit scores are important. They determine what interest rates you’ll be charged on loans and credit cards, and for that reason a higher credit score could save you hundreds or even thousands of dollars in interest charges. But how do you really know what is going on “behind the scenes” with your credit score? READ MORE

The 5 Pillars of Credit: What Goes Into Your Credit Score

Being a savvy consumer, you know that having good credit is important for getting mortgages, car loans, credit cards, and other types of credit. But do you know how your credit score is calculated? Here are the five factors that go into calculating and changing your credit score. READ MORE

Credit Scores and Credit Reports – Why Does it Matter?

It is important to know the definitions of credit score and credit report.  A credit score is a numerical representation of an individual’s credit worthiness.  Your credit score can be different depending on how it is calculated and by whom, but one of the most popular scores is a FICO score.  Your credit report is a report of all your credit history, payment history, loans, credit cards, and other financial and personal information. READ MORE

6 Ways to Jump-start Your Credit Score

It's a common financial predicament for most 20-somethings: You need credit to get credit. But even if you're older and have been through some credit-wrecking havoc in your life, you could face the same issue.

"The only way to build a credit history is to use credit," explains Maxine Sweet, vice president of public education at the credit bureau Experian®. Check out these six easy steps to help get you started. READ MORE

Add comment

Security code
Refresh

Take the Pledge

I pledge to save money, reduce debt, and build wealth over time. I will encourage my family and friends to do the same

Take the America Saves Pledge

Blogger Resources

We are always looking for guest bloggers to share their savings tips and advice with our readers. 

Review Submission Guidelines

Tip of the Day

  • Written by Tammy G. Bruzon | January 16, 2017

    .@MyFreeTaxes = free tax prep + filing help for qualified ppl w/combined income of $62k or less >> http://bit.ly/2hZ1d9c v/ @AmericaSaves

Saver Stories View all »

The Gift of Homeownership

Written by Tammy G. Bruzon | August 5, 2015

Quaneka Willis, a single mother of three children, was receiving rental assistance through the Housing Authority of the City of Milwaukee when she decided to take control of her finances. So, in September of 2013 she attended the Make Your Money Talk program and pledged as a Wisconsin Saver. In less than 12 months, she had maximized her savings and was beginning the process of purchasing her first home.

Read more...

Learning to Save

Written by Katie Bryan | October 28, 2013

Kisha Barns’s financial situation was undisciplined, unrestricted, and impulsive before she came into contact with her local America Saves campaign, Charlotte Saves.

Read more...

Challenging Herself to Save

Written by Sara Cooper | April 15, 2014

It all started when Marchale Burton overheard Alabama cooperative extension colleague Isaac Chappelle, coordinator of Alabama Saves, explaining how saving just a little bit – even change – is all it takes to become a saver. “I thought about that,” Burton said, “and wanted to see if it would work.” So, she challenged herself to see how much change she could save.

Read more...

Receive Updates

Sign up for Texts

Written by Tammy G. Bruzon | July 15, 2014

Sign Up

Sign up for Emails

Written by Super User | September 16, 2013

Get Emails

Take the Pledge

Written by Super User | September 16, 2013

Start Saving