Money 101

Adulting Hack: Understanding Your Credit Score

Credit Scores 101: What They Are and Why They Matter

Lenders use credit scores to decide whether to approve loans or credit, and the interest rates you’ll pay. A higher score usually means better terms and lower rates, while a lower score could make borrowing more expensive. Building and maintaining a good credit score is important for your financial future. Click the link below to learn more and see why it matters:

What is a Credit Score? – Maine Credit Unions