What’s in your credit score?
- Credit is the availability of money you have not yet earned.
- Credit Score is a snapshot in time, represented by a number between 300-850, showing your responsibility as a borrower.
- Credit History shows management of credit through your lifetime.
- Credit Report includes balances, payment history, account age, and some demographic information. It’s like a money resume.
There are 5 components to your credit score.
Late payments are the quickest way to ruin credit. Pay early or on time. Don't miss a due date - schedule time for bill paying.
While it is possible to repair a credit score after making a mistake, it can take up to seven years (or more) to do so. Educate yourself now on what counts, start making the right moves, and rest assured that you’re in a great credit position.
If you’re ready to develop a great credit score, click yes!YES