Credit Score Ranges and What They Mean for Your Money | The College Investor Podcast
Credit scores are the gatekeepers of credit. They determine how much credit you’ll receive and under what terms. Credit scores have also become more influential and are now used for job and apartment applications.
Credit scores are obviously an area that none of us can ignore. But what impact do credit scores have on our money?
Generally, the higher your credit score, the more credit you’ll receive. As we’ll see, there are no hard and fast rules when it comes to how much credit a lender may extend to you.
From the worst scores to the best, there are score ranges that much of the population falls into. What those ranges mean for your money is what this article will dive into.