The Money Expert: These 3 Mistakes Are Damaging Your Credit Score! | Ella Ensures | EP. 121

Joining us in the booth this week is Ella who is a Money Expert & Insurance broker.


In this episode we discuss
Good credit conduct vs bad credit conduct
The pro’s of good credit and the con’s of bad credit
Common ways people default on their credit accounts
How to check your credit score for FREE
How to avoid paying lenders interest
Leveraging credit for your benefit & to make money
Tips to stay disciplined when using credit cards
Consequences of missing payments, defaults, CCJ’s
How to get rid of a CCJ
3 ways to improve your credit score/report an much more!

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Website: https://ellaensures.co.uk

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Timestamps
0:00 - Preview
1:15 - Intro
1:51 - Meet Monet Expert & Insurance Advisor Ella
3:53 - What is credit?
6:18 - What’s the difference between your credit score and credit report?
7:41 - Good credit conduct vs bad credit conduct
9:12 - Many people get defaults this way!
11:38 - How many credit reports/scores do you have?
14:47 - This legal reason this info stays on your credit report for 6 years!
18:09 - I wouldn’t recommend getting things on bad credit..!
20:00 - Pro’s of having good credit conduct
25:41 - Applying for credit impacting your credit report ?!
30:23 - What to do when you’re declined for credit?
31:27 - How to check your credit score for FREE!
32:51 - How to make money using credit
35:51 - How to use Credit cards for your benefit!
39:00 - How to avoid giving the banks interest!
41:41 - Who shouldn’t get a credit card!
44:05 - Tips to stay disciplined when you take out credit (mortgages, car finance, loans etc)
46:19 - Consequences of missing payments on credit you’ve taken out
47:46 - How to get rid of a CCJ
51:52 - People being scared to get credit…!
53:09 - 3 ways to improve your credit score & credit conduct
54:29 - Only 38% of adults have life insurance! 35% of that 38% are Women!
59:43 - Final words

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The information contained on this video is not intended as, and shall not be understood or construed as, financial advice. I am not a financial advisor and the information in this video is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.

We have done our best to ensure that the information provided on this video are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on this video should be understood as a recommendation that you should not consult with a financial professional to address your particular information.

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