Over the past few years, credit card balances were paid down and delinquent accounts became less common. But two years after the COVID-19 pandemic began, those trends - spurred by increased savings and relief programs - could evaporate, especially as inflation soars.
Financial Education Insights from Education First Federal Credit Union
Your key to financial education, lifestyle content and savvy money management.
An excellent credit score is the ultimate goal of the financially responsible consumer. Those three magic digits tell a story of accountability, good financial sense, and the ability to spend mindfully. A great credit score also unlocks doors for large, affordable loans, employment opportunities, and more.