The Panther Press

Good Credit vs. Bad Credit

School NewsGreg Higgins

Judy Miller, loan officer for Guild Mortgage Company in Sherman, Texas, talked to students in Chris Smith’s Algebra II class at North Lamar High School about good and bad credit.  Credit scores, how it’s calculated, obtaining the right kind of credit, ways to avoid bad credit, and examples of payments with good credit verses payments with bad credit were all discussed.  

“Most of the time parents do not teach their kids about credit and what to expect,” said Miller. 

She said students get out of school, get hit with a lot of credit card offers, and then it goes downhill from there.  By reaching out to students before they are out of high school, Miller feels it will better prepare them.

“Something I never had!” said Miller.