Alvin Community College students learn importance of credit rating

Alvin Community College students got a free lesson in establishing, maintaining and protecting their financial credit at a seminar entitled "Financial Fitness Day."

On Wednesday, Feb. 8, Amoco Federal Credit Union representative Jennifer Demers offered the students guidelines on what affects credit scores, which card to apply for, interest rates on car loans, and other things that affect credit rating. Demers also talked about determining net worth, assets, investments and the best way to derive a personal budget.