Credit Education

How to Read Your Credit Score

Lenders use credit scores to help assess the level of risk associated with borrowers. When it comes to applying for a mortgage, a car loan, a credit card, or any other loan, your credit score can save you money if it is high or cost you money if it is low. Understanding your score is the first step to improving it if necessary or maintaining it if it already is healthy.

Use Your Credit Card the Right Way

When you’re working to build or rebuild your credit history, how you use credit is everything. You must use credit the right way to build and maintain a good credit score. Unfortunately, credit cards don’t come with a manual telling you how to use them responsibly. You may have already learned the hard way about the devastating effects of credit misuse, but it’s never too late to start over.