Module 5
Understanding Credit
Demystify credit scores, learn what affects them, and discover how to build excellent credit.
What You'll Learn
- ✓ What credit scores are and why they matter
- ✓ The five factors that determine your score
- ✓ How to read and dispute your credit report
- ✓ Strategies to build credit from scratch
- ✓ How to improve a damaged credit score
Lessons
1
What is a Credit Score?
Understanding the 300-850 scale and what it means
2
The Five Credit Factors
Payment history, utilization, length, mix, and inquiries
3
Reading Your Credit Report
How to get free reports and spot errors
4
Building & Improving Credit
Strategies for beginners and recovery tactics
Your Oak Tree
"Strong credit takes time to grow"
Complete lessons to help your tree grow!
Module Progress
Completion
0%
0 of 4 lessons completed
Quiz: Not attempted
Key Terms
- Credit Score: 300-850 rating
- Credit Report: Your credit history
- Utilization: Credit used vs available
- Hard Inquiry: Credit check that affects score