Transcript: Understanding your credit score

[Music plays in the background.]

[CIBC logo. Bringing advice to your campus.]

[Students are interviewed by an off-camera interviewer. They answer the questions.]

[Question One. What was your average in high school?]

>> Student 1: 91-ish.

>> Student 2: 3.7.

>> Student 3: 80, 85.

>> Student 4: Around a 95.

>> Student 5: Like 95.

>> Student 6: An 88.

>> Student 7: It was a 90.

[Question Two. What is your current GPA?]

>> Student 5: 70.

>> Student 1: 60.

>> Student 8: High 70s.

>> Student 4: 3.8.

>> Student 9: 2 point something, I think.

>> Student 10: Low 2 point something.

>> Student 11: It’s about 85.

>> Student 3: It's 3.88.

>> Multiple students: Whoa!

[Question Three. What is your current credit score?]

>> Student 1: Hmm.

>> Student 8: No.

>> Student 9: No.

>> Student 12: I have no idea. Not a clue.

>> Student 6: What's a credit score?

>> Student 3: What's a credit score?

[Laughter.]

>> Student 13: I’ve never actually tried to check it.

>> Student 4: No.

[Laughter.]

>> Student 8: It’s the last thing on my mind.

>> Student 2: Oh, I don't know.

[Understand your credit history. It can be just as important as your grades.]

>> Student 14: But later down the road, later in life … you know, mortgages and even leasing a car, whatever. These are all relevant. So having a good credit score is important for a lot of things later down the road.

[How? Find out how you can start building your credit history.]

>> Interviewer: Do you want to know?

>> Student 5: Yes, I would love to know. I know future-me would wish past-me would be like, "Why didn’t you do this? Why didn't you?”

[Laughter.]

[Visit the CIBC Student Hub. CIBC logo.]

[Music plays in the background.]