Official Credit Union of UMass Athletics

Official Credit Union of UMass Athletics

Understanding Credit Materials

By definition, the word “credit” has to do with trust. This is why credit impacts so many financial issues in our lives including the extension of a loan or credit card, how high an interest rate will be, or insurance coverage. Additionally, credit can impact a potential employer’s consideration of you as a candidate or a landlord’s sense of whether he or she should rent to you.

This workbook is a primer in learning about the wise use of credit. It will help you understand your credit report, explain how credit scores are determined, and give you tips to improve your score.