What is a Credit Score?

A credit score is a 3-digit number that is assigned to a person that indicates to lenders their capacity to repay a loan. The most widely used score comes from a company called Fair Isaac Corporation. The scores range from 300 to 850. Your credit score is generated based on the information in your credit report. On the FICO scale, the higher the number the better.. 

Check Your Credit Score:

To pull a copy of your free credit report, visit annualcreditreport.com. Federal law allows you to get a free copy of your credit report every 12 months from each credit reporting company..