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Money Rehab with Nicole Lapin

"My Credit Score Went Down Randomly. How Can I Get It Back Up?” (Listener Intervention)

Money Rehab with Nicole Lapin

Money News Network

Education, Business, Self-improvement

4.61.7K Ratings

🗓️ 11 November 2021

⏱️ 22 minutes

🧾️ Download transcript

Summary

Has your credit score ever dipped seemingly out-of-the-blue? That happened to today’s listener, Caree. Now she wants to know: WTF? Nicole calls up Caree to talk it through, and to unpack which credit score updates are worth paying attention to.

Transcript

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0:00.0

When you find the right potential hire for your business before sending that offer

0:03.5

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0:08.1

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0:12.8

with affordable pay-as-you-go pricing customizable to fit small business means. Sign up for checker

0:18.8

and hire with confidence. Right now, money rehab listeners will get $40 off your first

0:23.9

background check when you visit checker.com slash MN. That's check with the letter R dot com slash MN.

0:34.4

Hey guys, are you ready for some money rehab?

0:39.4

Wall Street has been completely upended by a monthly player. Game stop.

0:43.8

Team N should I have a 401k because I don't do it. No, I'm not.

0:54.0

Charge for wasting our time. I will take a check.

1:01.6

You recognize her from Anchoring on CNN, CNBC, and Bloomberg. The only financial expert,

1:07.6

you don't need a dictionary to understand. The cold lap in. Today, we have a listener intervention

1:13.7

with a money rehabber who wrote in because she saw that her credit score dipped for seemingly

1:19.3

no reason. She was hoping to understand why it dropped and how to pick it back up. We did go

1:25.1

over some tips to boost her credit score, but our conversation turned into a bigger conversation

1:30.8

about when your credit score matters and when it should take a backseat to other things in

1:36.6

financial life. Here's our conversation. Tell me a little bit about what's going on.

1:41.7

So I'm not in any financial struggles and my credit score is pretty good. It's in the higher

1:48.9

better area. However, there's a lot of misconceptions about how credit works and how to properly

1:54.8

use your credit card and all this stuff. Essentially, I track my credit score through the app and

2:05.1

it tells me all the time that I don't have enough credit lines open. But then it tells me that

2:09.7

my credit lines that are open are immature. It's one of those things. I want to

...

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