Eric Adams: “It took me about seven years to turn around my credit score.”

“I didn't have any real savings account and I didn't realize when you were late on paying your bills, it would go on your credit score. I didn't even know what a credit score was. And once I learned, It took me about seven years to turn around my credit score. I learned when I tried to purchase my first co op, they looked at my credit score and they said, your credit score is terrible and we're going to charge you a higher interest rate because your credit score is bad.” (20:10–20:15)

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