How to Get The Elusive Perfect Credit Score

The video explores the significance of credit scores in the U.S., highlighting their impact on financial decisions. It features Stan Kellman, who shares his journey of improving his credit score from below 600 to a perfect 850. The video discusses strategies for negotiating with creditors and offers tips for boosting credit scores, emphasizing that a perfect score isn't necessary for favorable financial terms.

What is one of the main influences of a credit score in a person's life?

• Choosing your career path

• Deciding your daily diet

• Influencing your borrowing costs

• Determining your favorite color

What was Stan Kellman's motivation to achieve a perfect credit score?

• He wanted to impress his friends

• He was aiming for a personal challenge

• He needed it for a job application

• He was required by law

What is a key strategy mentioned by Stan Kellman for negotiating with creditors?

• Paying the full amount immediately

• Ignoring their calls

• Negotiating before the 180-day mark

• Threatening legal action

According to the video, what is not necessary to get the best financial offers?

• A high income

• Multiple credit cards

• A long credit history

• A perfect credit score

What is a challenge younger people face regarding credit scores?

• They are not interested in credit scores

• They have too many credit cards

• They lack a long credit history

• They have too much debt