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Thomas Nitzsche talks about credit scores for the debt-free

4:00 PM, Apr 29, 2013   |    comments
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ST. LOUIS (KSDK) - It can take years, and a lot of sacrifices, but many have been able to get debt-free, only to ask themselves the question. Is being debt-free always a good thing, or do credit scores punish people who choose to be debt-free?

Even some high-profile consumer advocates say credit scores can discriminate against the debt-free.

Thomas Nitzsche from Clearpoint Credit Counseling Solutions joined First @ 4 Monday to talk about who typically has the lowest credit scores.

Click the video player above to hear how many credit card accounts those with the best credit scores generally have.


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