What is a Credit Score and How is It Calculated?

Your credit score will affect many segments of your financial life.

It will determine if you get approved for a car loan or a mortgage to buy your house.

If you get approved for either loan, it will also impact the interest rate you get charged.

So get to know your credit score, and click on the image below to learn how it is calculated.

A short Pop Quiz follows below the article.


CLICK HERE TO READ THE REST OF THIS ARTICLE
Schedule a call

Get PersonalFinanceLab

This lesson is part of the PersonalFinanceLab curriculum library. Schools with a PersonalFinanceLab.com site license can get this lesson, plus our full library of 300 others, along with our budgeting game, stock game, and automatically-graded assessments for their classroom - complete with LMS integration and rostering support!

Learn More

[qsm quiz=216]

Comments are closed.