Back to: Money Methods – Series 1: M2
Credit History Overview
Welcome to Money Methods’ Credit History module for the Payment Systems course. This module has a total of three lessons — and — a quiz at the end. The lessons titles are What is a Credit History, Your Credit Score, and Credit Bureaus. Your sources of content for this module may be from the Lesson 2: Credit History eBook, video, or audio files. If you’re ready, adjust your volume and let’s begin.
With Money Methods life lessons and first steps, Credit History is the second subject of this series. In this module, you will learn what is your credit history and how it affects your future.
YOUR CREDIT HISTORY — IS THE RECORD OF HOW WELL YOU HANDLE CREDIT.
To get a glimpse of your financial future, many businesses look at your financial past. This history is contained in your credit report. Your credit report determines everything from whether you qualify for a loan and the rate you’ll pay on that loan, to renting an apartment, and — obtaining car insurance. This guide explains what credit bureaus are, why your credit history matters, and how to correct credit report errors and keep your credit rating strong.
When you understand how to manage your finances, you’ve got an invaluable tool in taking control of your life. Wise use of these skills can provide peace of mind, financial freedom, increased buying power and a secure future. This guide is one of the series on Money Methods – Life Lessons.