Home > 2014 > Credit Score

Which Harry Potter Character Would Have the Best Credit Score?

Advertiser Disclosure Comments 0 Comments

I have been hooked on the Harry Potter series since I was in second grade. I’m one of the kids who truly grew up alongside the characters in the books. When I was asked to choose which character might have the best credit score, it was a tough call.

My initial choice was Neville Longbottom, who later marries Hannah Abbott. To me, they are a financial power couple, not because of the money they have, but because of the jobs they have and their character traits. Neville makes his living as a Hogwarts professor. Professors are provided with room and board included in the salary — smart! Hannah Abbot was a Hufflepuff prefect (a trusted student given additional responsibilities) in her days at Hogwarts, and a bit of a perfectionist. During an interview, J.K. Rowling informed fans that Hannah later becomes the landlady at the Leaky Cauldron, a pub for wizards. As landlady, Hannah must stay on top of the bills, take care of the customers and carry on the well established credit history of the 500+ year-old pub. Their ultimate fault, though, is that Neville is terribly forgetful, increasing his likelihood of forgetting a payment.

After much consideration, I believe that Professor Minerva McGonagall would have the best credit score of any character in the Harry Potter series. She shares her name, Minerva, with the Roman goddess of wisdom. McGonagall teaches one of the most challenging classes, Transfiguration, and is a brilliant witch.

As head of the Gryffindor house, she is well known among students as a disciplinarian and possesses great self-discipline, as well. Just as someone with a good credit score keeps watch over his or her finances and is well disciplined, she keeps close watch over her house, Gryffindor, and especially the students she cares a great deal for — Harry Potter, Ron Weasley and Hermione Granger.

Having good credit doesn’t mean that you never spend any money. You must establish credit, and maintain a good record. She does make big purchases, such as when she secretly bought Harry a Nimbus 2000 flying broomstick, which was the best that wizard’s gold could buy! It sells at the hefty price of 340 galleons, which is roughly $2,677 (depending on the exchange rate, of course).

She is careful in all matters and critical of those, even her colleagues, who are careless. Professor McGonagall earns her reputation over time, by consistently choosing what is right, proving her carefulness and taking well-calculated risks when necessary. Because she has these personal qualities, I believe she would also maintain them in financial matters, making her likely to have the best credit score.

If you want to have a better understanding of your credit, and work toward a higher credit score, the best place to start is by pulling your credit reports and credit scores to see your history and where you stand. Look to see how your credit history — paying on time and as agreed, keeping your credit balances low, keeping your applications for credit to a minimum, having a good mix of different types of credit and the length of your history — is reflected in your score. You can get your credit reports for free from the three major credit reporting agencies once a year; and Credit.com offers you two credit scores and an explanation of your credit reports for free every month.

More on Credit Reports & Credit Scores:

Image: iStock

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.

Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.

Hello, Reader!

Thanks for checking out Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take some time to tell you a bit about ourselves.

Our People

The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).

Our Reporting

We take great pains to ensure that the articles, video and graphics you see on Credit.com are thoroughly reported and fact-checked. Each story is read by two separate editors, and we adhere to the highest editorial standards. We’re not perfect, however, and if you see something that you think is wrong, please email us at editorial team [at] credit [dot] com,

The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have more than 100 partners, including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many others. This network operates similarly to the Associated Press or Reuters, except we focus almost exclusively on issues relating to personal finance. These are not advertorial or paid placements, rather we provide these articles to our partners in most cases for free. These relationships create more awareness of Credit.com in general and they result in more traffic to us as well.

Our Business Model

Credit.com’s journalism is largely supported by an e-commerce business model. Rather than rely on revenue from display ad impressions, Credit.com maintains a financial marketplace separate from its editorial pages. When someone navigates to those pages, and applies for a credit card, for example, Credit.com will get paid what is essentially a finder’s fee if that person ends up getting the card. That doesn’t mean, however, that our editorial decisions are informed by the products available in our marketplace. The editorial team chooses what to write about and how to write about it independently of the decisions and priorities of the business side of the company. In fact, we maintain a strict and important firewall between the editorial and business departments. Our mission as journalists is to serve the reader, not the advertiser. In that sense, we are no different from any other news organization that is supported by ad revenue.

Visitors to Credit.com are also able to register for a free Credit.com account, which gives them access to a tool called The Credit Report Card. This tool provides users with two free credit scores and a breakdown of the information in their Experian credit report, updated twice monthly. Again, this tool is entirely free, and we mention that frequently in our articles, because we think that it’s a good thing for users to have access to data like this. Separate from its educational value, there is also a business angle to the Credit Report Card. Registered users can be matched with products and services for which they are most likely to qualify. In other words, if you register and you find that your credit is less than stellar, Credit.com won’t recommend a high-end platinum credit card that requires an excellent credit score You’d likely get rejected, and that’s no good for you or Credit.com. You’d be no closer to getting a product you need, there’d be a wasted inquiry on your credit report, and Credit.com wouldn’t get paid. These are essentially what are commonly referred to as "targeted ads" in the world of the Internet. Despite all of this, however, even if you never apply for any product, the Credit Report Card will remain free, and none of this will impact how the editorial team reports on credit and credit scores.

Our Owners

Credit.com is owned by Progrexion Holdings Inc. which is the owner and administrator of a number of business related to credit and credit repair, including CreditRepair.com, and eFolks. In addition, Progrexion also provides services to Lexington Law Firm as a third party provider. Despite being owned by Progrexion, it is not the role of the Credit.com editorial team to advocate the use of the company’s other services. In articles, reporters may mention credit repair as an option, for example, but we’ll also be sure to note the various alternatives to that service. Furthermore, you may see ads for credit repair services on Credit.com, but the editorial team isn’t responsible for the creation or implementation of those ads, anymore than reporters for the New York Times or Washington Post are responsible for the ads on their sites.

Your Stories

Lastly, much of what we do is informed by our own experiences as well as the experiences of our readers. We want to tell your stories if you’re interested in sharing them. Please email us at story ideas [at] credit [dot] com with ideas or visit us on Facebook or Twitter.

Thanks for stopping by.

- The Credit.com Editorial Team