March is National Credit Education Month, which means there’s no better time to help support your employees by educating them on the importance of their credit score, the role it plays in financial wellness, and the tools available to improve it.
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Inflation has been rising faster than employee income in 2022, putting American workers in a tough spot. The latest data shows that U.S. private sector wages increased by 5.7% in the first half of this year, which is a healthy jump but when adjusted for inflation, wages actually dropped by 3.1%[1].
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In the era of shiny plastic cards that promise to buy you the world, it is easy to be lured into spending money. And before you know it, you are knee-deep in debt and struggling to stay afloat.
Continue reading →What goes into a credit score?
What goes into a credit score?
There are five main categories of information that impact a credit score:
