Young consumers are blithely unaware of the importance of credit scores to their financial lives, according to recent surveys. This is troubling as Americans’ debt levels reach record highs. The good news is that people tend to change their behaviors once they learn how their financial habits impact their scores.
Source: Inman News
Why younger generations need to understand credit scores now
Published in Ally Bank, Analysis, Columns, consumer federation of america, credit scores, Equifax, experian, fico, lew sichelman, Mortgage, NBER, Select, TransUnion and vantage score
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