Eye on Money: How bad credit can impact major purchases squib

A bad credit score can make it difficult to make major purchases, and some people may not realize it until they attempt to buy a home or car. Lenders use your credit score to decide whether you'll get a mortgage, credit card, or other line of credit. Yahoo Finance reporter Jeanie Ahn joined CBSN to explain how you can monitor your financial health.
Scroll for more
Continue reading on CBS News...