Money Mentor | Episode 1
It’s a myth that there is just one magic credit score telling lenders about you. In fact, lenders use many different credit scoring models, including the FICO score and the VantageScore. When you apply for a loan, you probably won’t know which credit score the lender uses.
Listen in to learn what you need to know about the FICO score and VantageScore 3.0.
Go to www.creditsesame.com to see your free score and subscribe to our channel to learn more.
Download the Credit Sesame app to get started: smart.link/7bq...
Sesame Cash is a prepaid debit card issued by Community Federal Savings Bank (CFSB). Building credit with Sesame Cash requires you to also open a secured line of credit with CFSB that is reported to the credit bureaus. Use money from your Sesame Cash account to create a secured line of credit (Secured Account). Your debit card purchases are then added up to create a balance on your Secured Account. As you make these purchases, an amount equal to the balance on your Secured Account is also set aside in your Sesame Cash account to ensure you can make timely payments to pay off the balance on your secured line of credit at the end of each month, allowing you to build a positive payment history. Credit Sesame does not guarantee credit score improvement. Any predicted credit improvement from the use of your Secured Account assumes that you will maintain healthy credit habits, including paying bills on time, keeping credit balances low, avoiding unnecessary inquiries, appropriate financial planning, and more.
See full program terms on creditsesame.com
Негізгі бет What is a FICO score vs. VantageScore?
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