Listen Money Matters - Free Your Inner Financial Badass. All The Stuff You Should Know About Personal Finance.

For the month of January, Listen Money Matters is getting back to the basics with a month focused on the debt and the importance of credit.  Over the course of the month, the guys will cover the fundamentals of credit, debt reduction plans and talk to an awesome guest about a tool he created to help keep you out of debt.  What is affected by your credit?  Well, everything really. Your credit score is a number that reflects your credit risk level. If you are looking to borrow money for any reason – to purchase a car, get a mortgage or to take out a student loan, your credit score will determine how much that loan will cost you.  If you have a low credit score, you will have a harder time getting a loan, and when you do qualify for a loan, the interest rates will be very high. Compared to people with good credit scores, your monthly payments will be more per month to pay off a loan of the same value. Bottomline, having bad credit will cost you. Having good credit history is not just about being able to buy thi