• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 2. How Credit Scoring Works

Chapter 2. How Credit Scoring Works

The first thing you need to know about your credit score is that you don't have a credit score: you have many, and they change all the time.

Credit scores are designed to be a snapshot of your credit picture—typically, the picture that's contained in your credit report. New information is constantly being added to your report, and old information is being deleted. Those changes affect your score.


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint