What is credit? Why does it matter? And how do you find out if yours is good or needs improvement? These are all really good questions to ask as your credit helps different companies determine whether or not they will lend to you. Poor credit may affect everything from credit cards, car loans and apartment rentals, to school loans, and buying your own home.
Your credit-worthiness is determined by your credit score; a 3 digit number calculated by five different categories of information in your credit report, including: