Latest / MPR News with Angela Davis
The power of good credit: Understanding and improving your credit score
We’ve all been told that our credit scores matter — but what does that really mean? A high credit score can open doors. It can help you get a lower interest rate on a car loan, qualify for a mortgage or even make it easier to rent an apartment. But a lower score? It can quietly cost you thousands of dollars in higher interest payments over time — money that could be going towards your savings, your home or your future. MPR News guest host Catharine Richert talks with a financial coach about what determines your credit score, simple steps to improve it and the smart choices that can strengthen…
The skinny
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