Some people say credit reports don't matter to them, because they always use cash and don't plan to buy a home. Even if you don't plan on buying a home right now, businesses and people use your credit score to make decisions about you:
- a bank or store will use your score to determine whether or not to give you a credit card
- to decide what your interest rate will be
- a landlord can pull your score to determine whether or not your application is approved
- your insurance rate may be determined by your credit score
- potential employers in some fields will use a special version of your credit report to determine clearance
Join us at the OFE for Your Money, Your Goals to learn about the components of a credit report. July's focus will be understanding your credit score. Light refreshments will be served.
College Kids parents are encouraged to attend this evening series and will receive a $5 deposit into their child's account for each class attended. For more information about the series, please contact Erin at 314-612-1686.