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Motley Fool Answers

Credit Score Mailbagapalooza

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 12 July 2016

⏱️ 27 minutes

🧾️ Download transcript

Summary

We enlist the help of NerdWallet Investing Writer (and Answers Alum) Dayana Yochim to answer your pressing credit-related questions including which type of debt to pay down first, how to overcome a slip-up, and why you should get at least one credit card even if it's at Old Navy (just make sure you pay it off every month).

Transcript

Click on a timestamp to play from that location

0:00.0

This episode of Motley Full Answers is brought to you by Rocket Mortgage by Quicken Loans.

0:04.3

Rocket Mortgage brings the mortgage process into the 21st century, with a fast, easy, and completely online process.

0:11.9

Check out Rocket Mortgage today at quickenloans.com slash fool.

0:19.6

This is Motley Fool Answers.

0:21.3

I'm Allison Southwick and I'm joined as always by Robert Brokamp, personal finance expert here at the Motley Fool.

0:27.2

And this week we have a special guest.

0:29.5

Yay, guest.

0:30.5

It's Dayana Yocum.

0:32.8

You know her as an OG of Motley Fool Answers.

0:36.7

She left us for Nerd Wallet, but just like Michael Corleone,

0:39.7

we pulled her back in for today's episode, which I'm calling a credit score, Mail Paloosa,

0:47.1

extravaganza, spectacular, spectacular.

0:51.6

Okay, first back up, what's OG?

0:55.3

Original gangster.

0:56.3

Really?

0:57.1

What?

1:02.0

I didn't know that either, by the way.

1:08.6

This is something that the kids have probably not been saying for about 10 years now.

1:11.6

I was never a kid. This is not hip terminology.

1:12.6

Since we never use the term, we can start using it now.

1:16.6

Remember, that's the rule.

1:17.6

It's like if you wore coolots back in the day and coolots come back, you can't wear them again.

...

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