@thevirtualra: What is Credit & Why do you need to build it? Welcome back to Adulting 101 🏦📚🧠 Today’s financially literacy topic is Credit! ❓Why is it important? Your credit = your reputation & credibility. Aka, it is the likelihood you are to pay back debt you owe! 💵 Why do you need it? - mortgage - car loan - student loans - personalized loans #credit #creditscore #adulting #financialliteracy #lifelessons

Morgan | The Virtual RA
Morgan | The Virtual RA
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Region: US
Tuesday 03 March 2026 19:29:05 GMT
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brodymccoy
Brody :
I pay mine off every month just use them for the points and travel benefits 🤷‍♂️
2026-03-05 01:57:21
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kaliloveslivinglife
Kali :
Wait a minute, can you do a video on the part you said you could talk about all day!?🙈😂
2026-03-04 06:53:17
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bluecollar.jimmy
bluecollar.jimmy :
dont forget insurance like auto uses credit score and can effect the rate you pay
2026-04-08 04:56:04
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isbo0125
isbo0125 :
You do not need credit. It how much you tangle with debt. We did manual underwriting for our mortgage. As long as you don’t make 500 a month. It’s a number you have to keep tangoing with debt to upkeep because it will disappear.
2026-03-07 19:38:19
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samistew21
Sami :
Ok now explain the stock market
2026-04-02 19:34:22
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citomnia
Nisa 🦝 :
You also need some kind of credit for most apartments, too. Also! It's much easier to lose your credit (late payments, defaulted payments, etc) versus building it back up again. Bankruptcy is not always the answer 😭
2026-03-05 00:09:20
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curlydakid11
:) :
Thank you !
2026-05-04 04:20:48
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rosegolddbyleelagoldden
Dagolddenqueen_ :
😉🙃😜🤪
2026-05-08 21:17:55
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synysterangel8
Shannon :
I've had all of these. I'm on my 2nd car loan. last one was paid off almost 10 years ago. I had a student loan & grants & I currently have a mortgage. I'm also up to my neck in credit card debt because that's what happens when you don't get paid enough or work enough hours & you have bills to pay or vehicle issues to pay for. Sometimes I hate being an adult & having all this responsibility. I've had personal loans & have one I'm currently trying to pay off but it's really difficult right now
2026-03-04 21:28:09
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