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What Does a Credit Score Mean to Me?

Your credit score represents your financial status and your overall level of financial accountability, all of which are contained within your credit report. Credit scores have a grading scale, generally ranging between 250 and 850. The level of risk lenders, employers, landlords and others are willing to take, often depends upon your credit score, and the details found in your credit report. There are a variety of factors that can negatively affect your credit score such as maxed out credit cards, unpaid or late bill payments, foreclosures, collections…even identity theft.

What Does a Credit Score Mean to Me?

January 28, 2018

Your credit score represents your financial status and your overall level of financial accountability, all of which are contained within your credit report. Credit scores have a grading scale, generally ranging between 250 and 850. The level of risk lenders, employers, landlords and others are willing to take, often depends upon your credit score, and the details found in your credit report. There are a variety of factors that can negatively affect your credit score such as maxed out credit cards, unpaid or late bill payments, foreclosures, collections…even identity theft.

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