The average American has a better understanding of General Motors than he or she does about their credit rating.

Credit is used every day by millions of Americans, yet most do not have the faintest idea how our credit system really works.

Most people only know that they can pull out a plastic credit card and buy something that they don’t have the cash to pay for.

The dictionary defines credit as financial trustworthiness. Time is given for payment for goods SOLD ON TRUST.

This eBook will help you to better understand how the whole “credit score system” works.