Credit scores...there's a lot of misunderstanding about them. So in this episode, our beginner's guide to credit scores, we explain the fundamentals, how to improve them and debunk some common myths.
Here are some of the biggest investment platforms in the UK - and Damo uses all of them too.
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This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
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Chapters:
00:00-01:32 - Intro 01:32-04:11 - The Making Money team share their credit scores 04:11-06:48 - What is a credit score? 06:48-10:43 - What lenders know about you 10:43-11:49 - Sensate ad 11:49-17:23 Debt solutions 17:23-20:18 What lenders don’t know about you 20:28-21:00 - Manual ad 21:00-24:20 - Can you get blacklisted? 24:20-29:24 - Credit utilisation 29:24-33:31 Paying more than the minimum repayment 33:31-40:11 - How to improve your credit score
