Credit score is a three-digit number that represents the creditworthiness of an individual. Your scores include your history of borrowing and paying back money, how often you make your payments on time, and how many accounts you have in good standing. Banks and lenders use it to decide whether they’ll approve you for a credit card or loan.
How do you figure out your score?
There are two types of credit scores, the FICO & VantageScore. Their range are: