Credit scores are such an interesting concept. It's great to see spelled out how much people with means can "snowball." I.e. the more you borrow and pay back, the better and more favorable your borrowing conditions become, enabling you to borrow more, etc. Thanks for breaking this down!
A great article, Joan! I learned a lot.
Credit scores are such an interesting concept. It's great to see spelled out how much people with means can "snowball." I.e. the more you borrow and pay back, the better and more favorable your borrowing conditions become, enabling you to borrow more, etc. Thanks for breaking this down!