Credit scores go up and down for a number of reasons. Here's what causes dips and why steady habits usually push it higher in the long run.
Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
Your score is constantly changing because lenders regularly provide new information about you to the credit bureaus. For example, you may have paid off all of your credit card balances last month, ...
What is considered a good credit score depends on the type of credit score used. You have multiple credit scores, but the most popular type of score is FICO, followed by VantageScore.
I've seen folks raise their scores by 50+ points in just a few months, without doing anything fancy. They just learned which factors affected their score most, and focused on improving those areas.
Your credit score can impact everything from the rate you get on a mortgage to whether or not you qualify for a credit card. But most people have no idea how their credit score stacks up against ...
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