Infographic: How is Your Credit Score Calculated?

Your credit score represents who you are financially. If you always make your credit card payments on time, this will be reflected in your credit score. But, if you’re financially irresponsible, this will also be reflected in your credit score. Your credit score is used by lenders, creditors, and even landlords to assess your creditworthiness, your ability to handle debt, and your level of financial responsibility. Whether you’re looking to improve your credit score and your overall financial health or you’re simply interested in learning more, understanding what a credit score is and how yours is calculated is a good place to start. Check out our latest infographic for a detailed look at credit scores.

 

Looking for more information about your credit score? Check out this article.