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 ...

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 ...

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, ...

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

It may be hard to imagine digging yourself out of $100,000 in credit card debt and boosting your credit score by 400 points. But it's possible—just ask Lynnette Khalfani-Cox. Khalfani-Cox boosted her ...

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 ...