Financial literacy education for the modern era.
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Credit
Credit Score
A three-digit number (300-850) that represents your creditworthiness. Lenders use it to determine loan approval and interest rates.
Credit Score Simulator
700Good
Decent rates available
300 (Poor)850 (Exceptional)
Estimated Impact
Mortgage Rate
7.0%
Credit Card APR
18%
What Affects Your Score
Payment History
35%On-time payments are crucial
Credit Utilization
30%Keep below 30% of limit
Length of History
15%Older accounts help
Credit Mix
10%Variety of account types
New Credit
10%Too many inquiries hurt
Quick Tips to Improve Your Score
- Pay all bills on time, every time - set up autopay if needed
- Keep credit card balances below 30% of your credit limit
- Don't close old credit cards - length of history matters
- Limit hard inquiries by only applying for credit you need
- Check your credit report annually for errors at AnnualCreditReport.com