Everyone knows what a credit score is. However, some of the real questions are:
Do you know your current score? Do you know how to check it?
In this episode, Peter Gutekunst is joined by Gute Financial Services’ client services associate, Megan Getz. From breaking down why credit scores are so important to their five moving parts and score-related expectations in the lending process, Megan reveals the ins and outs of credit scores.
- What a credit score means
- How lenders use credit scores when vetting borrowers
- The five parts to your credit score
- The importance of monitoring your credit score and its transcript
- And more!
- Tell Your Boss I Quit! – Book
- Comprehensive Guide to Credit
- My Financial Bridge™
- Credit Karma
Connect with Pete Gutekunst:
- LinkedIn: Peter Gutekunst
- Gute Financial Services
- Gute Calendar
- Book a call with the team at Gute Financial
Conect with Megan Getz:
About Our Guest:
Megan Getz joined the Gute Financial Services team in June 2020 as our client services associate. She has an Associate’s degree in Liberal Arts and is pursuing a second Associate’s degree in finance. Throughout high school and college, Megan had grown to love the English language and set her sights on becoming an English teacher. While pursuing her degree, she began working at a credit union. After five years there and a new interest, Megan decided she wanted to grow her knowledge further while pursuing a new degree in finance. Megan transitioned to Gute Financial services seamlessly and has already learned invaluable new skills.
Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website’s users and/or members.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of Gute Financial Services and Peter Gutekunst and not necessarily those of Raymond James.
Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor’s results will vary. Rebalancing a non-retirement account could be a taxable event that may increase your tax liability. There is no assurance that any strategy will ultimately be successful or profitable nor protect against a loss. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Neither Raymond James Financial Services nor any Raymond James Financial Advisor renders advice on tax issues, these matters should be discussed with the appropriate professional.