Credit Scores

Credit scores play a huge role in your financial and personal life. Credit scores impact your ability to get a mortgage or rent an apartment, they determine whether or not you will get approved for a student loan or credit card, and your credit scores even influence the rates you pay on car insurance.

For those looking for a job, credit scores are equally important since many employers are checking job applicants’ credit ratings before determining whom to hire. The best way to stay on top of your credit health is to check your credit reports at least once a year and review your credit scores as well. The most common type of credit score is the FICO score. It ranges from 300 to 850 point. The higher your credit score, the better off you are financially.

A person in a suit holds a tablet displaying a question mark beside the large text "WHAT'S YOUR NUMBER?" on a light gray background, emphasizing the importance of knowing your credit score.

Your Credit Score Explained

You probably already know that not paying a bill can adversely affect your credit score, but do you know by about how much? Do you

A pie chart depicting fico score factors: Payment History (35%), Amounts Owed (30%), Length of Credit History (15%), New Credit (10%), and Types of Credit (10%).

5 Factors that Determine Your FICO Score

You hear a lot about your credit score being a strong factor behind your eligibility for credit cards, car loans or mortgages, but do you

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