Understanding your credit score is divided into five areas. Each area helps lending instituions determine how risky you are. If you are a new creditor, with limited types of credit, and have made late payments, your credit score will be very low. On the other hand if you have a long [...]

Your are entitled to a free credit report from the government every year from each of the credit reporting bureaus. With three bureaus offering a free report yearly you can monitor your credit for free by spreading out the times you pull your credit.
This type of credit pull is referred to as [...]

A good credit score is 700 and above.
Anything above 800 is considered exceptional. Bad credit scores are around 600 and below.
Notable FICO credit score benchmarks
850 - The absolute highest credit score possible. If you have a credit score of 850 you’ve done a good job watching your credit history and have done [...]

Credit reporting agencies are tight lipped on the specifics of how a credit score works. While the specifics are shrouded in secrecy the general knowledge of do’s and don’ts are fairly intuitive and readily available. What it really boils down to is this: Are you the type of person that can pay [...]