• Mark Munzenberger - Money Monday - UMCU

  • Feb 3 2025
  • Length: 8 mins
  • Podcast

Mark Munzenberger - Money Monday - UMCU

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  • Summary

  • February 3, 2025 ~ Lucy Ann Lance talks with Mark Munzenberger, Financial Education Manager, University of Michigan Credit Union for this week's Money Monday with UMCU. Mark provides guidance on improving credit scores and managing credit cards and savings accounts. It dispels myths about credit scores, such as the misconception that checking your score is harmful; it only slightly impacts your score when applying for loans or credit cards. Maintaining a low credit utilization ratio is important, as using a high percentage of available credit can negatively affect your score.
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