People always wonder what makes up good or bad credit, but it’s not just a score. This week on MonsterTV, Kristian from MonsterMortgage.ca discusses what makes up your credit score and how to maintain it.
Are you wondering what makes up your credit score? It usually includes credit cards, any lines of credit, car loans, student loans, and other large loans. Having a credit card and using it responsibly is key. By using your card and building up good credit you are putting the future you in a better position when you need to make larger purchases that require financing. Just remember to pay it off as soon as you can! Lenders want to see that you are able to manage your debt. #FLM2020 #LIVEAMONSTERLIFE
Get in touch with the Monsters today and we can help you out with your credit situation: