Virtual Personal Credit Training

Service Description

Day 1: Understanding Credit & Legal Basics What is Credit? Learn how credit scores are calculated based on payment history, credit utilization, credit history length, and credit mix. Credit Reports Access and review credit reports from Equifax, Experian, and TransUnion, and dispute errors. Legal Rights Understand your rights under the Fair Credit Reporting Act (FCRA) and Fair Debt Collection Practices Act (FDCPA) to handle disputes and debt collectors. Day 2: Disputing Errors, Improving Credit & Leveraging Credit How to Dispute Errors Dispute inaccuracies using 30+ free pre-written dispute letters. Building Positive Credit Keep your credit utilization ratio under 30% and make on-time payments. Authorized User Strategy Becoming an authorized user on someone else’s account can improve your credit score. When to Use: For those with no credit history, this can help raise your score. Secured Credit Cards & Authorized Users Learn how secured credit cards and being an authorized user can help build or improve credit. Using Credit Responsibly Avoid maxing out cards, pay balances in full, and keep your credit utilization ratio low. Day 3: Maintaining, Monitoring & Leveraging Credit for Financial Success Credit Score Maintenance Pay bills on time and keep balances low to maintain your credit score. Credit Monitoring Set up free credit monitoring services like Credit Karma or Experian to track credit and get updates. Using Credit for Major Purchases Learn how to use credit to finance big purchases like homes, cars, or education. Debt-to-Income Ratio (DTI) Understand how your DTI impacts your ability to secure loans and credit. Advanced Credit Strategies Building Credit with Multiple Cards Learn how using multiple cards increases your total credit limit and improves your credit score. Credit Card Rewards & Benefits Maximize cashback and travel rewards with smart credit card usage. Rebuilding Credit After Bankruptcy Use secured credit cards and credit-builder loans to rebuild your credit. Using Personal Credit for Business Leverage personal credit for business funding through business credit cards and business lines of credit.