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36: Understanding Your Credit Score
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Ever find yourself wondering why your credit score went down, but you just paid off a credit card in full? In this episode, Jessica and Brandon demystify what makes up your credit score, and how to improve it. From utilization to account length and credit mix, they will discuss the five factors that make up your credit score. They lay out the dos and don'ts, like why you might want to think twice before cutting ties with your old credit accounts and why adding a child as an authorized user can be a great idea. Even if you have a great score, this episode is bound to teach you something new.
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