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Money Girl

426 MG 7 Credit Score Traps You Should Avoid

Money Girl

Macmillan Holdings, LLC

Entrepreneurship, Education, Investing, Business, How To

4.61.8K Ratings

🗓️ 11 November 2015

⏱️ 16 minutes

🧾️ Download transcript

Summary

Don't let common credit pitfalls hurt your financial life! Laura answer reader questions and covers 7 credit traps that could upset your personal finances if you’re not looking out for them. Read the full transcript here: http://bit.ly/1WV1whw

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Transcript

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0:00.0

Hello and welcome back to another weekly edition of the Money Girl

0:07.5

podcast. I'm your host Laura Adams. It's so great to have you with me. My mission for the show is to teach and inspire you to live

0:16.6

rich and love the journey. I get a lot of questions from readers and listeners that help me decide

0:22.4

what content to bring you guys each week.

0:25.2

So please continue to let me know what topics you want to learn about.

0:28.6

You can reach me on my contact page at LauraD Adams.comcom or by posting a question or comment in my private

0:36.3

Facebook group called dominate your dollars. To request your invitation to the

0:41.5

group just text the word dollars to the number

0:44.7

three-four four. You probably know that maintaining good credit is a fundamental part of

0:52.2

having a healthy financial life. But there are some pitfalls that can

0:56.2

hurt your credit and upset your finances if you're not careful or aware of them. So this show is for you if you want to learn more about how to

1:04.9

build or maintain excellent credit for life. It's a really important topic because

1:10.4

having poor credit is expensive and means you'll have trouble getting a loan or mortgage.

1:16.7

You'll pay more for insurance.

1:18.7

You're likely to get turned down to rent an apartment or home.

1:22.4

You'll be denied certain government benefits and you could miss out on job opportunities that require a credit check.

1:29.0

In this podcast I'll cover seven credit traps to watch out for and I'll weave in some

1:34.8

listener questions I've received that are on topic. As always don't worry about

1:39.8

taking notes because I always post the transcript for each show on the moneygirl page at quick and dirty tips.

1:45.0

This is episode number 426 called 7 Credit Score Traps you Should Avoid.

1:52.0

And after each show I've been sending out an

1:54.5

email with a summary and a link to the article and audio file so be sure to

...

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