What do credit scores mean?

Answer A credit score is a three-digit number that represents the creditworthiness of an individual. The most commonly used type of credit score is the FICO score.PurposeCredit scores are used as an objec... Read More »

Top Q&A For: What do credit scores mean

How to Improve Credit Scores With Credit Card Payoffs?

Your credit score continually changes, moving up or down based on how you handle your loans and accounts. Factors like on-time or delinquent payments, opening or closing accounts and paying down ba... Read More »

How do I Fix Credit Issues & Raise Credit Scores?

Financial difficulty quickly takes a toll on your credit score. Approximately 30 million people in the United States are struggling with credit issues that interfere with securing affordable credit... Read More »

What is the scale for credit scores?

Credit scores are developed by major credit bureaus, the most widely used of which is FICO (Fair Isaac COrportation). Factors that determine an individual's credit rating include payment history, d... Read More »

How do I Help Rebuild Bad Credit Scores?

When reviewing your credit to see if you're eligible for financing, lenders obtain your credit score from one of the three bureaus: Experian, TransUnion or Equifax. Maintaining a good credit score ... Read More »