David Adefeso Explains Credit To His Fans - Check Out The Video He Shared

David Adefeso Explains Credit To His Fans - Check Out The Video He Shared
Credit: BET

David Adefeso has been making fans happy with financial videos. Check out the latest one in which he addressed credit.

'“Money Talks, But Credit Has An Echo” Credit is a way for you to increase your standard of living. It’s a way for you to be able to afford things you may not necessarily be able to afford. Learn more about the importance of credit and important financial tools by tuning into #WealthDemystified every Sunday at 2pm PST/5pm EST,' David said.

Someone else posted this: 'True! 👏🏾🙌🏾 Good credit score over cash, and if you have both, that’s even better. Some people do not understand the opportunities a good credit score can bring.'

One other follower said: 'So true. Credit is an invaluable asset to have, and without it, most will struggle.'

Someone else posted this: 'Working on my credit now the prayer for me,' and a follower said: 'How does one build up credit with an incorporated company with only one or two shareholders?'

One other commenter posted this: 'This video is misleading. Credit is over-rated in the sense that there is both good credit and bad credit. The misuse & miseducation of credit is what people need to know. For example, using it to leverage real estate to become an asset that makes you a profit is one thing, but going into large amounts of debt to afford an expensive car, education in 2021, or other liability makes not much sense, and people dont know the difference, and that's the problem.'

Someone else said: 'Great, I just came to the US and never thought about credit. Just work and save my money but now I will thank you so much 👌👌.'

David has been helping a lot of people with his videos that he's been sharing on social media for a while.

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