EYL #272 Everything You Need to Know About Credit: Build Credit, Credit Cards, Child Credit & Business Credit

Published: Jan. 9, 2024, 5:30 p.m.

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In this eye-opening episode of Earn Your Leisure, we had the pleasure of interviewing Shonda Martin, an expert in personal and business credit. Shonda delves into the intricacies of building a robust credit profile, sharing invaluable advice and strategies that go beyond just the numbers. Tune in as we cover essential topics including:


- The significant role of personal credit in business credit development.

- Effective ways to handle late payments on your credit report.

- Why a healthy credit profile matters more than your credit score.

- Achieving financial flexibility with a 680 credit score.

- The risks of co-signing and how it affects your credit.

- Regularly boosting your credit limit for financial health.

- The impact of student loans on your credit score.

- Understanding the true nature of credit card usage.

- Strategic payments to enhance your credit score.

- How high credit card balances can lower your score.

- The right time to start building your child\'s credit.

- Common parental mistakes in managing their child\'s credit.

- Knowing when and why to close a credit card.

- The optimal age for adding your child to your credit card.

- Steps to building a strong credit profile.

- Key FICO scores to be aware of.

- Solutions for managing credit card debt.


Don\'t miss out on these crucial insights that could transform your financial journey. Whether you\'re repairing, building, or maintaining your credit, Shonda\'s advice is a game-changer.


#EarnYourLeisure #CreditTips #FinancialFreedom #CreditScore #PersonalFinance #BusinessCredit #CreditRepair #FICO #DebtManagement #FinancialEducation



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