(click on the bold-faced vocab words:))
Believe me, there was no thrill of the chase with creditors calling me constantly.
A credit score is a number that tells lenders how good I am at keeping promises —promises that I’ll pay them back.
Numbers can range from 300 to 850. Bigger is better.
I rewarded myself with a promise (to pay my debts) ring.
(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)