Tips to Manage Your Credit

Understanding your credit score and figuring out how to improve your credit may sometimes feel daunting, but it’s something that’s necessary, as it can improve or hinder your financial health. Check out the video below to learn more from Jenny Matsudaira, our Pearlridge Branch Manager.

Credit basically allows you to borrow and access loans to purchase goods and services that you pay back. A common measure of your creditworthiness is a credit score. Your credit score determines things such as whether you qualify for a loan, the interest rate you will be charged, and the maximum amount you may be loaned. With good credit, you’re able to more easily achieve goals such as buying a home, leasing a car, paying off debt and more.