What you'll learn
- Define credit and distinguish between revolving, installment, and open credit.
- Understand how credit reports and credit scores are calculated by major bureaus.
- Recognize the impact of credit on loans, mortgages, rentals, and employment.
- Obtain and interpret your free annual credit report accurately.
- Identify common errors in credit reports and learn how to dispute them effectively.
- Implement strategies to build and maintain a positive credit history.
- Explore the benefits and uses of secured credit cards and loans in credit repair efforts.
Course Description
This beginner-level course covers essential aspects of credit. Begin with understanding credit types like revolving and installment credits, and grasp the importance of credit reports and scores from major bureaus such as Equifax and Experian. Learn how credit impacts loans, mortgages, rentals, and employment, and discover the benefits of maintaining good credit.
Next, learn to obtain and interpret your credit report, including personal information, account details, inquiries, and public records. Master techniques to identify and dispute errors effectively, and explore strategies for building a positive credit history through responsible credit card use and secured credit options.
Course Modules
- Module 1: Understanding Credit
- Module 2: Getting Your Credit Report
- Module 3: Identifying and Disputing Errors
- Module 4: Basics of Credit Repair
