Do: Act to Improve Your Credit

Your Credit Score

Credit scores are a numerical value of how likely you are to repay borrowed money. Having a healthy credit score allows you to access lower rates for insurance, obtain better loan interest rates and successfully rent an apartment. Scores are fluid and can change over time. They are affected by the following factors: payment history, amount owed, length of credit history, new credit and the types of credit used.

The financial counselors at Neighbors can provide free credit scores and help create a plan to build or establish healthy credit.