Understanding the Credit Game: How Scores Work and What Lenders Really See
Credit affects nearly every major financial decision you'll make—from buying a home or car to securing the best interest rates and accessing capital. Yet many consumers don't fully understand how credit scores are calculated, why different scores exist, or what lenders are actually evaluating when reviewing an application.
Join us for an in-depth workshop designed to demystify the world of credit. Rather than focusing on quick fixes or credit hacks, this session will provide a solid foundation for understanding the credit ecosystem and the evolving scoring models that influence your financial opportunities.
Whether you're preparing to buy a home, finance a vehicle, or simply improve your overall financial profile, this workshop will help you become a more informed and empowered consumer.
Topics Covered Include:
✅ The fundamentals of credit: What makes up a credit score?
✅ The 5 factors that influence your score and what banks are really looking for
✅ Understanding the major scoring models:
- VantageScore
- FICO Score 8
- Mortgage Scores (FICO 2, 4, and 5)
- Auto and Bankcard Enhanced Scores
✅ Why your scores differ from one another and why lenders may see something different than you do
✅ Which scores matter most when applying for:
- A mortgage
- An auto loan
- Credit cards and personal loans
✅ Emerging credit models and the future of credit scoring:
- FICO 10 and FICO 10T
- UltraFICO
- Alternative data and trended data
✅ Recent and upcoming changes in consumer credit laws and regulations
✅ Common credit myths and misconceptions
✅ Building healthy long-term credit habits
Key Takeaways:
✔ Understand how the credit system really works
✔ Learn how lenders evaluate risk and approve loans
✔ Gain insight into the latest changes in credit scoring
✔ Develop a roadmap for improving your financial profile over time
✔ Become a smarter borrower and more informed consumer
Because winning the credit game isn't about shortcuts—it's about understanding the rules.
Presenter: Christopher Watson and Aaron Steede
Christopher Watson and Aaron Steede, visionaries behind The Credit Bros,
Please register in advance. You will receive a Reminder at 9 am on the day of the presentation with the ZOOM login link/info for the event. If you register on the day of, you will receive the login link/info at that time.