Know the Score About Your Credit Rating

Know the Score About Your Credit Rating

Consumers have been hearing a lot about the importance of keeping tabs on their credit ratings. After all, a good score can make a difference of around, say, $500 in monthly payments on a $250,000 mortgage, and also can mean much lower credit-card rates. But what's considered a good credit score, anyway? And who's actually evaluating you? Here are the answers to these and other common questions about your credit rating.

 

 

 

How much should I worry about my score?

Know the Score About Your Credit Rating

What else affects my chances for qualifying for a loan?

Is the score treated the same for all kinds of loans?

What can I do to improve my score?
 

 

How to Improve Your Credit