Wednesday, October 31, 2007
Know Your Credit Score?
Credit scores are one of the more important numbers out there for consumers. Many are unsure what they exactly mean or how they are calculated. The Website Myfico.com does an excellent job of explaining the true importance of good credit and credit scores. Differences are truly amazing, so visit and watch the video! This is essential for young people, including job seekers. Many of my students are stunned that despite clean living and a good academic record, they do not get the jobs they want as they have financed their education with credit cards and carry a great deal of debt. Employers, particularly in the public sector, see this as a sign of irresponsible behavior and are loathe to hire.
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