What do We Know About Credit Scores? «

What do We Know About Credit Scores?


Credit scores are confusing, but they affect whether or not we can get loans, insurance, and even jobs. A new study from the Consumer Federation of America (CFA) and VantageScore Solutions took consumers’ temperature to gauge how much we know about our scores.

Things are getting more and more complicated. New credit scores and websites pop up every day. How are consumers supposed to know everything about every credit score?

You don’t need to know all the details — and the details may not be available anyway. Just be aware that there are a variety of scores out there, and a 700 on one scale is not the same as a 700 on another scale. It can be a great score or a decent one.

Learn more about the basics of credit scores so you can keep all of your scores in good shape. Test your knowledge at CreditScoreQuiz.org.

 

  • New ETFs From Scottrade - No Brokerage Fees

    There's no doubt that there are more exchange traded products now than ever.

    classy, black-and-white Corsair Graphite 600T case that says sci-fi, not hot rod. I want to get like eight of these things, ...
    Read More
  • 14 ETF Trading Strategies

    You may have heard of ETFs and some of you even have them in your portfolios, but not many investors are aware of the diverse ETF trading strategies these assets have to offer.

    Read More