Discover what is a credit score and how it affects your credit. Find cool information about your credit report too.
Your score is now the most important factor that lenders use to evaluate your creditworthiness. This score is a three digit score calculated by the credit bureaus from your credit history.
The score was invented by Fair Isaac, a company that created a way to predict your chances of credit failure using just your credit report. This system has gained more popularity in recent years and now each of the three main credit bureaus, Equifax, Experian and TransUnion uses Fair Isaac's system to calculate their version of your score.
Nowadays, people applying for home loans or car loans are nothing but a "number" - their score. For example, our scores at the time of this writing were TransUnion: 735, Experian: 715, and Equifax: 722.
There are more risk factors, but the above list seems to occur most often.
Get Your Free Credit Score is an awesome place to find out how to get your free credit report.
Have a Question gives you an opportunity to ask your own questions or see what others have asked. Its a wealth of information and you can pick my brain to get your own answers!
How to do Credit Repair Yourself has many tips and articles to help you in your quest to repair your own credit.
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