 TITLE: What Is Ethereum and How Does It Work? CONTENT: Will Buying Ether Impact Your Credit?\n-------------------------------------\nBuying and owning Ether won't directly impact your credit. Your credit reports don't contain any information about your savings, investments, income or net worth. And credit score calculations are based entirely on the information in one of your credit reports.\nHowever, buying Ether could indirectly cause a credit score impact if the purchase affects your finances in other ways. Perhaps you invest a lot of money in Ether hoping it will quickly rise in value, or because you believe in the long-term value of Ethereum as a platform. But then you're faced with an emergency expense and don't have enough cash on hand to cover it.\nIf the price of Ether has dropped, you might not want to sell right away. However, the alternative might be to miss bills—which could lead to fees and late payments that hurt your credit. Or, you might use a credit card. Even if you pay your credit card bills on time, the higher balance could accrue interest and hurt your credit scores by increasing your credit utilization ratio.\nYou can manage some of this risk by building up your emergency fund before making any investments. Also, look for ways to protect and build your credit while you're saving and investing. You can get a free copy of your Experian credit report, a free FICO® Score☉ and personalized recommendations for improving your credit for free with an Experian account. END