The Power of Credit: An Animated Tale

Apr 8, 2016

It’s tough to protect your credit when you don’t even know what affects your credit score. Opening a new account? Canceling a card? A cash advance?

There are many factors that play into generating your credit score — and what that score is can depend on when the data is pulled since most creditors report payments to credit bureaus once a month.

It’s understandable that you may be overwhelmed — don’t be. When it comes to improving your credit score, a little knowledge goes a long way. That’s why we’ve created the Power of Credit animation video.

This animation provides insights into the ways in which your credit score may be negatively affected and how to protect your credit. So whether you’re shopping for a mortgage or just looking to keep a good credit score, here’s a video that can help you:

The post The Power of Credit: An Animated Tale appeared first on Fannie Mae - The Home Story.

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