Tuesday, April 17, 2012

How short-term loans affect credit scores

In this week's Money Made Easy, Dan Danford, CFP®, Founder and Chief Executive Officer at Family Investment Center, addresses a viewer's question about the impact a short-term loan could have on his credit score. Danford explains the ways in which these quick-fix loans affect credit scores and why the more reputable your lender is, the more likely they are to report your loan.

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