Monday Mar 24, 2025

34 Not Sure How Credit Works? These Secrets Will Help You Win

Hey Friend,

In this episode, I welcome Jessica Hudson, a renowned finance expert, to discuss the intricacies of credit. Jessica shares her journey to becoming a financial guru, emphasizing the role of education and divine guidance. She offers a detailed explanation of credit, its history, and the scoring models like FICO and Vantage. The conversation touches on the importance of understanding credit reports, the impact of credit scores, and recent updates, such as the removal of medical bills from credit reports. Jessica highlights the significance of financial discipline and strategic use of credit for financial freedom.

00:13 Jessica's Journey

02:12 The Importance of Financial Education

03:23 Understanding Credit

04:37 Credit Scoring Models and Their Evolution

07:48 Practical Tips for Managing Credit

08:43 Recent Changes in Credit Reporting

09:16 Checking and Understanding Your Credit Report

23:59 The Role of Credit in Financial Freedom

www.pamelahreed.com

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