Credit is like trust, it takes time to build but it can be ruined very quickly. The rapper likes to show off cars, jewelry, and silver bricks, but credit is rarely in the conversation. But maybe that will change.
YG recently took to social media and did a different type of bending. He released his credit score, and I’m sure many who saw it were inspired to bring theirs up to YG level. The Compton MC showed an impressive score of 833.
Credit is very important for a number of reasons, including loans, credit card interest, insurance premiums, and mortgages, all of which are credit-based. Many jobs even pull credit because they consider it an important part of the hiring process.
A common misconception is that you have to earn a lot of money to have a high credit score. That’s not true, your credit is not based on your income. A credit score is based on many factors. Some of the things that are taken into consideration include credit history, credit usage, and amount of credit applications. Learn more here about the factors that determine your credit score.
Although it is not advisable to post financial details online, I hope YG’s candor will inspire fans to see the importance of credit. Could this spark a new trend on social media? Only time will tell, but what we do know is that the current system isn’t going anywhere, so it’s best to learn to play the credit game.