• Skip to primary navigation
  • Skip to main content

Just Start Investing

We Make Investing Easy

  • Investing
    • Learn About Investing:
    • Investment Accounts
    • Online Brokerage Accounts
    • Investment Vehicles
    • Start Investing:
    • How to Invest in Index Funds
    • Start Investing with Betterment
    • Start Investing with Charles Schwab
  • Banking
    • Best Bank Accounts
    • Types of Bank Accounts:
    • Checking Accounts
    • Savings Accounts
    • CDs and Money Market Accounts
    • Online Banks vs Brick-and-Mortar
  • Credit Cards
    • Best Credit Cards:
    • Best Cash Back Credit Cards
    • Best No Annual Fee Credit Cards of 2021
    • Best Premium Credit Cards of 2021
    • Credit Card Tool: Find the Best Credit Card for Me
    • Learn About Credit Cards:
    • Types of Credit Cards
  • Budget
    • How to Build a Budget
    • 24 Tips to Save More Money
  • Blog
    • Investing
    • Banking
    • Credit Cards
    • Budget
    • General Personal Finance
  • Resources
  • About
    • Contact
    • Press
    • Learn More
    • Disclaimers
  • Show Search
Hide Search

Credit Score

The Powerful Benefits of a Good Credit Score

November 3, 2019 By Kevin | Just Start Investing

There are a few finance tips that matter much more than others when it comes to helping you live a stress-free life. Starting to invest in index funds early, using the right credit card, and attaining a good credit score are three of those tips. Today, we’re focusing on the benefits of attaining a good credit score.

People with strong credit ratings get access to better financial opportunities throughout their lifetime. For example, they can access low-interest loans (like online mortgages) and high-rewards credit cards more easily. These perks have the ability to save thousands of dollars (if not more) over your lifetime.

In general, a good credit score comes in handy whenever you are looking to borrow money. And borrowing money is not always a bad idea. Actually, in some cases, it can be a very good idea.

Though, you should always use borrowed money carefully. Borrowing for short-term wants is usually unwise, while borrowing for a mortgage or car loan is typically necessary.

[Read more…] about The Powerful Benefits of a Good Credit Score

How Are Credit Scores Calculated: A Beginner’s Guide

April 7, 2019 By Kevin | Just Start Investing

It’s financial literacy month, so this post is focused on something all consumers should know: How are credit scores calculated?

Banks and lenders use credit scores to see how reliable consumers (people like you and me) are and to understand the likelihood that they will pay back a loan.

A good credit score = a reliable consumer.

A bad credit score = a risky consumer.

Most consumers have a general idea of what a credit score is, but we’ll dive into more of the nuances immediately below.

On the other hand, less consumers understand how credit scores are calculated. There are five simple components that make up a credit score, see further below to learn how they come together to form your credit score.

[Read more…] about How Are Credit Scores Calculated: A Beginner’s Guide

The Latest Blog Posts:

  • How to Become a Millionaire: 16 Tips to Follow April 15, 2021
  • Titan Invest Review: How to Invest Like a Hedge Fund April 11, 2021
  • The Ultimate Guide on How to Read Stock Charts April 8, 2021

As Featured In:

Just Start Investing Press Strip 2020 B&W

Follow Us:

  • Facebook
  • Twitter
  • Pinterest

Copyright © 2021 · Just Start Investing LLC

  • Contact Us
  • Blog
  • Privacy Policy / Disclaimers