All You Need to Know About Credit Scores

a credit score gauge that has the the arrow pointing to the excellent side of the credit score range.

When was the last time you checked your credit score? Your credit score describes how well you can manage debt and is used by banks to rate how risky you are to loan money to. An excellent credit score can save you thousands of dollars of interest over time, while a poor credit score can prevent you from getting loans or credit cards. Understanding credit and what can affect your score is the first step to building an excellent credit score.

Source: BillShrink.com

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Article written by
Melinda Opperman
Melinda Opperman is an exceptional educator who lives and breathes the creation and implementation of innovative ways to motivate and educate community members and students about financial literacy. Melinda joined credit.org in 2003 and has over two decades of experience in the industry.

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