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The Not So Surprising Link Between Mental Health And Credit Scores

CreditVana Examines the Link Between Mental Health and Credit Scores A new large-scale study is shining light on the powerful connection between credit health and mental well-being — and why understanding both may matter more than you think. Better Finances, Better Peace of Mind Being in control of your money, no matter your income, can […]

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² Vana Cash is a prepaid debit card issued by Community Federal Savings Bank (CFSB). Building credit with Vana Cash requires you to also open a virtual secured credit card with CFSB that is reported to the credit bureaus. Use money from your Vana Cash account to create a virtual secured credit card. Your debit card purchases are then added up to create a balance on your virtual secured credit card. As you make these purchases, an amount equal to the balance on your virtual secured credit card is also set aside in your Vana Cash account to ensure you can make timely payments to pay off the balance on your virtual secured credit card at the end of each month, allowing you to build a positive payment history. Credit Vana does not guarantee credit score improvement. Any predicted credit improvement from the use of your virtual secured credit card assumes that you will maintain healthy credit habits, including paying bills on time, keeping credit balances low, avoiding unnecessary inquiries, appropriate financial planning, and more.

³ Direct deposit and earlier availability of funds are subject to payer’s support of the feature and timing of payer’s funding.

Category: Credit Scores

The Not So Surprising Link Between Mental Health And Credit Scores

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