Video: How Does Your Credit Score Work?

Last week, I announced the launch of a new eight-part video series on my YouTube channel covering the basics of Miles & Points in Canada.

This week’s installment focuses on credit scores and all the factors that go into calculating your credit score and determining your credit health.

I’ve written about this topic on the blog before, but thought it’d be worth expanding upon in video form, since it tends to be one of the first questions on newcomers’ minds when they first learn that earning huge volumes of points via credit card signup bonuses is something that people actually do.

This is the second video in the overall series, and the planned future videos are as follows:

  1. An Introduction to Miles & Points

  2. How Does Your Credit Score Work?

  3. The Major Points Programs

  4. Booking Your First Trip on Points

  5. The Aeroplan Mini-RTW

  6. Getting US Credit Cards for Canadians

Without further ado, you can watch “How Does Your Credit Score Work?” below:

 

If you enjoyed the video, make sure to give it a “Like”, leave a comment, and subscribe to the channel.

And as always, feel free to share it within your circles with anyone whom you think would benefit from learning more about how their credit score works – perhaps your friends and family members who often express concern for whether you’re going to have “bad credit”! 😉