Every credit score category explained using the VantageScore 3.0 model
Need a starter credit card? http://bit.ly/starter_credit_cards
(click "show more" to see ad disclosure)

Your credit score is broken down into multiple categories and your credit score uses points that range from 300 to 850 points. I'll go over each of the categories using the VantageScore 3.0 model (most lenders prefer to use this currently). Each category holds different weight, so it's important to know what can help or hurt your credit score the most. I'll cover your payment history, credit history, credit usage, total balances, credit checks and available balance.

---------------

Robinhood Free Stock (Up to $200) with Sign Up:
► https://bit.ly/hf_robinhood

Webull Up to 12 Free Fractional Shares (Each $3-$3,000):
► https://bit.ly/hf_webull

Instagram:
►   / honestfinance  

Advertiser Disclosure: Honest Finance participates in affiliate sales networks and may receive compensation by clicking through the links (at no cost to you). This compensation may impact how and where links appear in this description. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This channel does not include all financial companies or all available financial offers.

---------------

Honest Finance covers a broad range of financial topics that'll give your life and finances more value. Subscribe today for future content and be sure to give this video a like!

Disclaimer: I am not a financial advisor. These videos are for education/entertainment purposes only. Investing of any kind involves risk, so please conduct your own research.

Chapters:
0:00 Introduction
0:19 VantageScore 3.0
0:41 Credit Score 300-850
1:17 Payment History
2:21 Credit History
4:07 Credit Usage
5:12 Total Balances
5:47 Credit Checks
6:40 Available Credit

#honestfinance #creditscore