Kenny Johnson University

Your credit score is one of the most important numbers in your financial life. It influences whether you qualify for a loan, the interest rate you receive, and sometimes even your ability to rent an apartment. Yet many people don’t fully understand how this number is calculated. In this guide, we’ll break down how your credit score is calculated in clear, simple terms—so you can take control of your financial future with confidence. What Is a Credit Score? A credit score is a three-digit number that represents your creditworthiness. It is designed to predict how likely you are to repay borrowed money on time. Most commonly used credit scoring models, such as FICO and VantageScore, range from 300 to 850 . Generally: 300–579 : Poor 580–669 : Fair 670–739 : Good 740–799 : Very Good 800–850 : Excellent The higher your score, the lower the risk you present to lenders. At Kenny Johnson University , financial education focuses on helping individuals understand not just ...

 Learn what a credit score really means, why it matters, and how it affects your financial future. Kenny Johnson University breaks down credit basics in a simple, easy-to-understand way for everyone.

 A low credit score can feel like a heavy roadblock. It affects your ability to qualify for loans, secure lower interest rates, rent an apartment, or even pass certain background checks. The good news? Bad credit is not permanent. With the right habits, patience, and strategy, you can fix your credit score naturally—without shortcuts, gimmicks, or risky tactics. This guide breaks down practical, proven ways to rebuild your credit step by step, focusing on long-term financial health rather than quick fixes. Understand What’s Hurting Your Credit Score Before improving your credit, you need to understand what’s holding it back. Credit scores are generally influenced by a few core factors: payment history, credit utilization, length of credit history, credit mix, and new credit inquiries. Late payments, maxed-out credit cards, accounts in collections, and frequent loan applications can all drag your score down. Reviewing your credit report helps you identify these issues clearly so...

Learn practical and proven credit score tips from Kenny Johnson University to build strong financial habits and improve your credit profile with confidence.

Good credit is more than just a number—it’s a powerful financial tool that can quietly save you thousands of dollars over your lifetime . Many people focus only on earning more money, but improving your credit can often have an even greater impact on your financial future. From lower interest rates to better opportunities, strong credit puts you in control. At Kenny Johnson University , financial education emphasizes exactly why good credit matters and how it can transform your long-term financial health. Understanding the True Value of Good Credit A good credit profile signals trustworthiness to lenders, landlords, insurers, and even employers. It shows that you manage debt responsibly, pay bills on time, and understand financial commitments. This trust translates directly into lower costs and better options . When your credit is strong, lenders compete for your business. When it’s weak, you often pay penalties in the form of higher interest rates, extra fees, and limited choices. ...

Improving your credit score doesn’t have to take years. With the right strategy, discipline, and financial awareness, you can see meaningful progress in as little as six months. A stronger credit score can help you qualify for better interest rates, secure approvals faster, and gain overall financial confidence. Below are ten practical and proven ways to boost your credit score within half a year—steps that everyday borrowers can realistically follow. 1. Pay Every Bill on Time—No Exceptions Payment history makes up the largest portion of your credit score. Even one late payment can set you back significantly. Set up automatic payments or reminders to ensure all bills—credit cards, utilities, loans—are paid on or before their due dates. Consistency over six months can noticeably improve your score. 2. Lower Your Credit Utilization Ratio Your credit utilization ratio is the amount of credit you’re using compared to your total available credit. Aim to keep this below 30%, and ideally unde...