WEBVTT 1 00:00:02.800 --> 00:00:04.760 Let's talk credit scores, in 20. 2 00:00:04.760 --> 00:00:05.520 Credit is money 3 00:00:05.520 --> 00:00:06.840 You need to borrow from a lender. 4 00:00:06.840 --> 00:00:07.680 and your credit score 5 00:00:07.680 --> 00:00:08.760 is a three digit number 6 00:00:08.760 --> 00:00:09.720 that tells lenders 7 00:00:09.720 --> 00:00:10.560 how well you've 8 00:00:10.560 --> 00:00:12.040 repaid credit in the past. 9 00:00:12.040 --> 00:00:13.000 The higher your score, 10 00:00:13.000 --> 00:00:13.720 the better your chances 11 00:00:13.720 --> 00:00:15.080 of you getting a mortgage, 12 00:00:15.080 --> 00:00:15.720 a credit card, 13 00:00:15.720 --> 00:00:17.280 or even a new mobile contract. 14 00:00:17.280 --> 00:00:17.720 Got it? 15 00:00:17.720 --> 00:00:18.760 Score!