Learn what it is and how important it is in your life, plus receive credit card recommendations for each score stage.
Foster The Money.
Your credit score measures how "good a credit user" you are. It was created by banking companies and is like a "historical" of your finance.
For example, a good credit user pays his card bills or loan installments on time. So your credit score is usually good.
Banks offer better benefits to that consumers: lower interest rates on loans, higher limits, good rewards programs, and more.
You should maintain good practices when using credit to your score goes up. So, you get better opportunities and realize your dreams: getting a degree, buying a house, a car, etc.
The credit score ranges from 300 to 850, and within that range, there are level ratings: bad, good, or excellent.
We have prepared content to help you even more: check out a complete guide to credit score and see the best practices to increase it!