Hi there, it's a bonus episode of Jill on Money.

This is the audio version of the CBS this morning

I on Money segment.

I am talking about credit scores, new credit scores, how to improve your

credit, all those things, everything credit report and score related.

Here you go.

This morning in our I on Money series we're looking at how buying habits

can affect your credit score and your ability to borrow money. A recent credit cards

dot com survey found a large majority of Americans with debt would not be willing

to cut spending on leisure travel, on clothing, or on shoes by 50%.

CBS News business analyst Jill Schlesinger is here with how these choices can impact your credit

If you're not going to cut you are going to spend your bill will increase that could hurt your score right and so we should just make a distinction because

people get really confused there is credit report there is a credit score

they're different so we have companies that compile all of your information.

Basically, do you pay your bills on time?

How much credit do you have?

Those kinds of statistics.

And the big three are Equifaxian, and TransUnion.

They put all the information together,

sometimes they sell it to different vendors,

but they usually are putting it

towards someone who's putting together a score,

...