Credit is your financial reputation. It shows financial organizations how reliable you are when re-paying money or following through with terms of a contract.
The quality of your credit can impact:
- Housing affordability
- Loan qualification
- Interest rates
- Credit card qualification
- Credit card limits
Attaining good credit score shouldn’t intimidate anyone. Here are some helpful tips to build and repair credit for long lasting impact.
Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Advisor.
This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.
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