What Is a Credit Score?  A credit score is a number lenders use to predict how likely you are to repay a debt. It matters because your credit score helps determine whether you qualify for a vehicle loan, mortgage, or even an apartment rental. A higher score signals lower risk and can lead to better loan terms and lower…

There is a lot of misinformation out there when it comes to credit scores. Let’s clear up some common myths and explain what actually matters when it comes to building and maintaining good credit.  Checking your own credit hurts your score False. Checking your own credit is a soft inquiry and does not affect your score …