A credit score is a big deal for rapper YG as he flaunted his credit score on his Instagram Story to let his fans know he’s got a good credit score. In his post, he had a score of 833, and that’s impressive.
According to Vlad;
Rap stars have been known to show off cash, jewelry, and various luxury items, but YG may have popularized a new, bubbling trend in Hip-Hop.
The west coast rapper recently posted his credit score to his Instagram Story. The report was dated November 11, 2022, and showed YG had an impressive 833 credit score. The report also broke down the importance of credit and added that credit scores range from 250 to 900.
YG captioned the post with a shout-out to the Black Panther films, which read, “Wakanda forever.”
While YG might be popularizing a new trend, he is not the first rapper to show off their credit score. Earlier this week, former Shoreline Mafia member OhGeesy shared a screenshot of his 804 credit score.
Why do credit scores matter?
Your credit scores determine a lot more than the loans you can get and the interest rates you pay. Insurers use credit scores to set premiums for auto and homeowners coverage. Landlords use them to decide who gets to rent their apartments. Credit scores determine who gets the best cell phone plans and who has to make bigger deposits to get utilities.
Credit scores are a financial tool, in other words, but whether they’re a lever or a hammer depends on how good they are.
You can leverage great scores into great deals — on loans, credit cards, insurance premiums, apartments and cell phone plans. Bad scores can hammer you into missing out or paying more.
The lifetime cost of higher interest rates from bad or mediocre credit can exceed six figures. For example, according to interest rates gathered by Informa Research Services.
Flip to the next page to see YG’s credit score…