What's your credit score?

What’s your credit score?

Did you know that your credit score helps determine the interest rate you pay on your car loan? Did you know that landlords can look at your credit score? Or that employers are using credit scores and reports when making hiring decisions?

If you have a credit card or a loan, you have a credit score. Your credit score can have a major impact on your future, just like your GPA. That’s why the University of St. Thomas is participating in the “What’s My Score” campaign. The goal of the campaign is to help college students learn how to manage their credit, obtain a good credit score and use it to their advantage. Here at St. Thomas the campaign is sponsored by the Wellness Center, and students from the Public Relations Student Society of America are conducting it.

The campaign wraps up on Tuesday, Nov. 15, with opportunities for students. On that day, from 10 a.m.-2 p.m., stop by the “What’s My Score” event at the blue lagoon in Murray-Herrick Campus Center. Three hundred coupons will be given away, which will allow students to get their credit scores for free. In addition, a credit counselor will be available to answer questions. Drawings for Best Buy and Target gift cards will be held, along with free food and giveaways. Oodles of information about credit scores and how to improve your score also will be available.

You also can learn more about credit scores and the "What's My Score?" campaign in the latest issue of the St. Thomas magazine, which features an article, "Credit marred?" For a copy of the magazine, please contact Patty Petersen, assistant editor.