Credit quality assesses financial solvency using credit scores for people and credit ratings for entities. Learn its impact ...

Your credit score is a three-digit number that can play an outsize role in your financial life. Essentially, it is a numerical representation of your risk to creditors — i.e. how likely you are to ...

Your credit score plays a key role in whether you get approved for loans and credit cards, and just as importantly, in the interest rate you’ll pay on them. The best way to build a strong score is to ...

APR explained in simple terms for everyday borrowers. Learn how annual percentage rates affect loans and credit card payments.

Credit scores usually range from 300-850. The goal is to get to 670 to be in the good range for your credit score. Once you get to 740, your credit is very good. The ultimate credit score is 800 and ...

A VantageScore is a type of credit score to help lenders decide your creditworthiness. It intends to provide a reliable way of scoring a wider swath of consumers than competing models like FICO, ...

Credit scores existed for decades before 1989. What changed that year was the introduction of the FICO score, the first generic credit scoring system. Previously, lenders developed and used their own ...

A hard inquiry occurs when lenders request your full credit report, affecting your credit score. Understand how these inquiries impact your financial profile.

If you’re often turned down for credit or you can only qualify for loans with exorbitant interest rates, your credit score may be to blame. Fortunately, there is no shortage of strategies you can use ...