Table of Contents

The Evolution of Credit Card Usage 

Credit Reports & Scores

All You Need to Know About Credit Scores

April 2024

·

Melinda Opperman

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.

A person holding a credit score chart for learnig about credit scores.

Source: BillShrink.com

‍View full size infographic here

‍

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.

Take the First Step Towards Financial Freedom!

Get Started Now 1 (800) 431 - 8157

When Should You Consider Debt Counseling?

by Melinda Opperman

What Is Debt Counseling and How Can It Help You?

by Melinda Opperman

Understanding the Debt Counseling Process: What to Expect

by Melinda Opperman

an envelope that represents that email that subscribers to nonprofit financial education newsletters.

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form.

Credit.org is not a loan company. We do not loan / lend money.
‍
Credit.org is an independent nonprofit financial counseling agency and is not affiliated with any mortgage, lending or servicing provider. The content, links and resources in this site are presented for informational purposes only and should not be construed as legal or tax advice.

Credit.org is not a credit repair company.
‍
Credit.org does not offer credit repair services. Our focus is on providing educational resources, counseling, and support to help individuals improve their financial health and achieve their homeownership goals. We do not engage in activities that promise to remove or alter negative credit information from credit reports.

Copyright © Credit.org