It is a time of economic difficulty for many Americans. Job loss, wage cuts, hour cuts, and rising costs have resulted in many Americans falling behind on debts; meanwhile, others are trying to keep their heads above water with their credit. Coincidently, an estimated 45% of consumers don’t know their credit score and 32% have never even checked their credit report. Not understanding how credit works and how what you do effects it can really cost you big. With creditors picky than ever about handing out those car loans, mortgages, etc.., now is the time for Americans to get savvy about their credit standings- see here.
So, you want to know what is the difference between FICO, credit score, and credit report. You want to know about credit reporting agencies. You want to know how your score is determined. You want to know how your score can go bad...and how it can improve. You want to know where you can get your credit report and credit score and how often you should monitor it.
Well, I have got all that info in one easy to understand article, Everything You Need To Know About Your Credit Score.