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Learning about credit now, saves later

Related Topics: Credit score

Home > Features > Learning about credit now, saves later

By Meghan Breen —

Credit scores can either open or close doors when preparing for life after college.

Commonwealth Credit Union’s branch manager Glenn Griffin and financial service representative Emily Slone say students need to prepare by building credit now.

Griffin explained that a credit score represents financial history. Lenders use the score to decide how likely loan repayment is. The range of scores is between 350 and 850. A great score is 720 or higher, a good score is usually 640 or higher.