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CREDIT SCORE VS. NET WORTH (how to increase your credit score to buy a house)
"How do I increase my credit score to buy a house?" I get asked this ALL the time, which is why I created this video: credit score explained. I point out quick things you can do to increase your credit score fast. I also include what your credit score is composed of (80% of your credit score is made up of just THREE things!) as well as how to raise your credit score in order to use it to get cheaper car insurance, possibly cheaper rent and a lower interest rate on a house. "What is a good credit score for a mortgage?" greatly depends on how much you are putting down and what area you are buying in. My hope is that this video explains the credit score to you so you can increase and raise yours fast!



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00:00 - What do you need to know about your credit score?
02:58 - What do you need to know about your net worth?
03:54 - How to calculate your net worth
04:36 - Which is more important?