A credit score is a number that rates a consumer’s creditworthiness. The higher the score, the better a borrower looks to potential lenders.
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 ...
FICO and VantageScore credit scores are the two most common types of personal credit scores. Business credit scores use ...
Chad Langager is a co-founder of Second Summit Ventures. He started as an intern at Investopedia.com, eventually leaving for the startup scene. Erika Rasure is globally-recognized as a leading ...
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 ...