Zaneilia Harris talks with Chris Bridges of “Credit with Chris.” Chris provides information about the importance of understanding credit and what affects your credit score. During the discussion, Chris shares that the timing of payments affects what is reported to credit bureaus. Therefore, you may want to find out when billing companies report to the credit bureaus and adjust your payments accordingly.
I love that Chris highlights what she personally did to help her sons. She established them as authorized users on her American Express card so they could develop a positive credit history. She felt this gave them a head start with building a positive financial relationship with creditors.