We’ve been talking about the importance of establishing a credit history, but equally as important is understanding how credit bureaus determine your credit score.
About 35% of your credit score is calculated based on whether you’ve paid your bills on time, but there’s much more that goes into it.
Watch the video above to learn more.
- Investopedia: Top 3 credit bureaus
- U.S. News: How to build credit fast
- LetsMakeAPlan.org: Building credit 101
- ConsumerReports.org: Best way to help your kid build credit
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