Credit Score Types Everyone Should Know and Why They Matter

Credit Score Types Everyone Should Know and Why They Matter

These days, it’s hard to imagine not having to worry about your credit score when you make a major purchase. After all, it’s difficult to buy a home or vehicle, rent or buy a home, or even get a basic line of credit going without at least having a fair credit score. In some cases, a less-than-stellar credit score can even hamper a person’s ability to get a job.

Creditors expect potential borrowers to have well-established credit for virtually all types of loans. On the other hand, it’s almost impossible to even establish a line of credit without some kind of […] Read more