
Why Dave Ramsey's Zero-Credit Advice is Severely Damaging
Money Rehab with Nicole Lapin
00:00
Insights on Credit Scores and Bill Payment Automation
This chapter delves into the significance of credit history in determining credit scores and stresses the benefits of responsible credit utilization. It highlights the influence of payment history, debt levels, credit inquiries, and credit variety on credit scores, advocating for automated bill payments as a means to enhance creditworthiness. The episode also includes a sponsorship feature from Robinhood, promoting a 3% bonus on contributions to retirement IRAs.
Transcript
Play full episode